Question 1

The text observes that culture is to society as DNA is to our bodies.

Accepted Answer

A) True 
 B)False  True

Question 2

Which of the following is NOT one of the qualities that Thomas Friedman and Robert Reich think will make America succeed?

Accepted Answer

A)   ideal geography
B)   market diversity
C)   an honest legal and regulatory environment
D)   restrictive bankruptcy laws D

Question 3

Robert Reich focuses on three groups that make up 85 percent of the American workforce. Which of the following is NOT one of these?

Accepted Answer

A)   routine production services
B)   in-person services
C)   auxiliary services
D)   symbolic-analytic services C

Question 4

By 2020, the top fifth of American earners will account for less than 50 percent of all income earned by Americans.

Accepted Answer

A) True 
 B)False

Question 5

Between 1992 and 2000, the United States experienced unprecedented economic recession with extremely high inflation.

Accepted Answer

A) True 
 B)False

Question 6

Thomas Friedman argues that all societies in the world have two wants, represented by the olive tree and

Accepted Answer

A)   the World Bank.
B)   the Japanese luxury automobile, the Lexus.
C)   a quiver of arrows.
D)   the ocean.

Question 7

Adjoining newer cities are sometimes called __________ cities.

Accepted Answer

A)   state
B)   rural
C)   edge
D)   regional

Question 8

The gross __________ product is a measure of the total output of goods and services by a nation's economy.

Accepted Answer

A)   corporate
B)   domestic
C)   metropolitan
D)   city

Question 9

According to Thomas Friedman, four profound independent social and technological changes converged in the 1980s to make the globalization of the world economy possible. Which of the following is NOT one of these?

Accepted Answer

A)   the democratization of technology
B)   the democratization of information
C)   the democratization of decision making
D)   the democratization of energy

Question 10

Robert Kaplan shows that symbolic analysts prefer self-contained engineered communities, rich in services and removed from the problems of society. He calls these new, insulated communities urban

Accepted Answer

A)   villages.
B)   enclaves.
C)   pods.
D)   pockets.

Question 11

The text points out that the events of September 11, 2001 happened in a vacuum.

Accepted Answer

A) True 
 B)False

Question 12

The major reason for the disparity in the growth of the working poor in this and
other industrial societies is a lack of education.

Accepted Answer

A) True 
 B)False

Question 13

Based on the work of Robert B. Reich, describe the shift from high-volume to high-value manufacturing, the rise of the global corporation, and the rise of the symbolic analyst.

Accepted Answer

The answer of Based on the work of Robert B....

Question 14

List the four profound, independent social and technological changes described by Friedman that combined during the 1980s to make the globalization of the world economy possible. Give an example of each change.

Accepted Answer

The answer of List the four profound, independent social and...

Question 15

Robert Reich focuses on three groups that make up 85 percent of the American workforce. Name each of these groups and give a practical example.

Accepted Answer

The answer of Robert Reich focuses on three groups that...

Question 16

The __________ Act of 2002 is the most far-reaching series of changes to the laws of corporate governance, disclosure, and accounting oversight since the federal securities laws were enacted seventy years ago.

Accepted Answer

A)   Merrill Lynch
B)   Sarbanes-Oxley
C)   McCain
D)   Cheney

Question 17

Social scientists coined the term __________ to describe the sprawling metropolises like Vancouver, Seattle, and Portland at the core of regional economies like Cascadia.

Accepted Answer

A)   edge city
B)   city-state
C)   metropolitan statistical area
D)   census district

Question 18

When __________ published The Work of Nations, he was a political economist at Harvard at the time.

Accepted Answer

A)   Robert B. Reich
B)   Thomas Friedman
C)   Francis Fukuyama
D)   Robert Kaplan

Question 19

The future of each of Robert Reich's workforce groups is determined by three factors. Which of the following is NOT one of these?

Accepted Answer

A)   replaceability
B)   the value they add to a product or service
C)   the value of their services to the global economy
D)   the presence of collective bargaining

Question 20

The technology that makes it possible to manage markets worldwide also permits individuals to do unimaginable harm. Thomas Friedman refers to these individuals as

Accepted Answer

A)   mega-squanderers.
B)   networkers.
C)   super-empowered.
D)   transparencies.

Exam 2: Globalization and Urbanization in the More-Developed World

The text observes that culture is to society as DNA is to our bodies.

Which of the following is NOT one of the qualities that Thomas Friedman and Robert Reich think will make America succeed?

Robert Reich focuses on three groups that make up 85 percent of the American workforce. Which of the following is NOT one of these?

By 2020, the top fifth of American earners will account for less than 50 percent of all income earned by Americans.

Between 1992 and 2000, the United States experienced unprecedented economic recession with extremely high inflation.

Thomas Friedman argues that all societies in the world have two wants, represented by the olive tree and

Adjoining newer cities are sometimes called __________ cities.

The gross __________ product is a measure of the total output of goods and services by a nation's economy.

According to Thomas Friedman, four profound independent social and technological changes converged in the 1980s to make the globalization of the world economy possible. Which of the following is NOT one of these?

Robert Kaplan shows that symbolic analysts prefer self-contained engineered communities, rich in services and removed from the problems of society. He calls these new, insulated communities urban

The text points out that the events of September 11, 2001 happened in a vacuum.

The major reason for the disparity in the growth of the working poor in this and other industrial societies is a lack of education.

Based on the work of Robert B. Reich, describe the shift from high-volume to high-value manufacturing, the rise of the global corporation, and the rise of the symbolic analyst.

List the four profound, independent social and technological changes described by Friedman that combined during the 1980s to make the globalization of the world economy possible. Give an example of each change.

Robert Reich focuses on three groups that make up 85 percent of the American workforce. Name each of these groups and give a practical example.

The __________ Act of 2002 is the most far-reaching series of changes to the laws of corporate governance, disclosure, and accounting oversight since the federal securities laws were enacted seventy years ago.

Social scientists coined the term __________ to describe the sprawling metropolises like Vancouver, Seattle, and Portland at the core of regional economies like Cascadia.

When __________ published The Work of Nations, he was a political economist at Harvard at the time.

The future of each of Robert Reich's workforce groups is determined by three factors. Which of the following is NOT one of these?

The technology that makes it possible to manage markets worldwide also permits individuals to do unimaginable harm. Thomas Friedman refers to these individuals as