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Chapter 18: Work and the Economy

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Chapter 18: Work and the Economy

9 problems · 0 figures

18-1 §18.1 source ↗

Which of these is an example of a commodity?
  1. a.
    A restaurant meal
  2. b.
    Corn
  3. c.
    A college lecture
  4. d.
    A book, blog entry, or magazine article

Answer

B. Corn

18-3 §18.1 source ↗

What is the most important commodity in a postindustrial society?
  1. a.
    Electricity
  2. b.
    Money
  3. c.
    Information
  4. d.
    Computers

Answer

C. Information

18-5 §18.1 source ↗

Which is an economic policy based on national policies of accumulating silver and gold by controlling markets with colonies and other countries through taxes and customs charges?
  1. a.
    Capitalism
  2. b.
    Communism
  3. c.
    Mercantilism
  4. d.
    Mutualism

Answer

C. Mercantilism

18-7 §18.1 source ↗

The type of socialism now carried on by Russia is a form of ______ socialism.
  1. a.
    centrally planned
  2. b.
    market
  3. c.
    utopian
  4. d.
    zero-sum

Answer

B. market

18-9 §18.1 source ↗

Which country serves as an example of convergence?
  1. a.
    Singapore
  2. b.
    North Korea
  3. c.
    England
  4. d.
    Canada

Answer

A. Singapore

18-11 §18.2 source ↗

Which of the following is not an aspect of globalization?
  1. a.
    Integrating governments through international trade
  2. b.
    Integrating cultures through international trade
  3. c.
    Integrating finance through international trade
  4. d.
    Integrating child care through international trade

Answer

D. Integrating child care through international trade

18-13 §18.2 source ↗

All of the following are characteristics of global cities, except:
  1. a.
    headquarter multinational corporations
  2. b.
    exercise significant international political influence
  3. c.
    host headquarters of international NGOs
  4. d.
    host influential philosophers

Answer

D. host influential philosophers

18-15 §18.3 source ↗

Which is evidence that the United States workforce is largely a meritocracy?
  1. a.
    Job opportunities are increasing for highly skilled jobs.
  2. b.
    Job opportunities are decreasing for midlevel jobs.
  3. c.
    Highly skilled jobs pay better than low-skill jobs.
  4. d.
    Women tend to make less than men do for the same job.

Answer

C. Highly skilled jobs pay better than low-skill jobs.

18-17 §18.3 source ↗

What is the practice where the differences between low-end and high-end jobs become greater and the number of people in the middle levels decreases?
  1. a.
    polarization
  2. b.
    meritocracy
  3. c.
    outsourcing
  4. d.
    structural unemployment

Answer

A. polarization

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Problems and answers are adapted from Introduction to Sociology 3e by Tonja R. Conerly, Kathleen Holmes and Asha Lal Tamang, OpenStax, and are used under the CC BY-NC-SA 4.0 licence. Access for free at https://openstax.org/books/introduction-sociology-3e/pages/1-introduction. Illustrations: Copyright Rice University, OpenStax, under CC BY-NC-SA 4.0 license. This adaptation is released under the same licence, is non-commercial, and is neither affiliated with nor endorsed by OpenStax or Rice University.