Question | Answer |
One typical advantage of freelance work is: | Flexibility |
An economic system based on the collective ownership of the means of production and the collective distribution of goods and services is: | Socialism |
What was the primary reason Marx believed workers experienced alienation? | They are paid for their labor but do not own the things they produce |
A workplace where workers are subject to extreme exploitation, including below-standard wages, long hours, and poor working conditions that may pose health or safety hazards is called a/an: | Sweatshop |
The part of the economy comprised of nonprofit organizations is called the: | Third sector |
Women and persons of color are more likely to be found in the service sector. t/f | True |
What was the primary innovation that started the Information Age? | The microchip |
Corporations, such as Coca-Cola and General Electric, that are embedded in countries throughout the world and have a significant impact on the global economy are referred to as: | Transnational corporations |
The cultural and economic changes resulting from dramatically increased international trade and exchange in the late twentieth and early twenty-first centuries is called: | Globalization |
__________ integration refers to the global flow of goods in which complex relationships and decision making, production, and distribution of goods occur all over the world . | Deep |
_____ is based on the laws of free market competition. | Capitalism |
Hollywood movies purporting to depict U.S. cities that are actually filmed in Toronto are examples of: | runaway shops |
A union is an example of a/an: | collective resistance strategy. |
The rapid transformation of social life resulting from the technological and economic developments that began with the assembly line, steam power, and urbanization was called the: | Industrial revolution |
The ways that workers express discontent with their working conditions and try to reclaim control of the conditions of their labor are called: | Resistance strategies |
A computer programmer who works completely from home and sends his work to his boss through email would be an example of: | Telecommuting |
According to the textbook, which of the following is an example of a knowledge worker? Engineer, banker, newspaper reporter, bartender | Engineer |
A company who hires an engineer in India because she can be paid significantly lower wages than an engineer in the United States is practicing: | Outsourcing |
Using work time to surf the Web is an example of a/an: | Individual resistance strategy |
What did Barbara Ehrenreich find in her research on minimum-wage service jobs? | Such workers are likely to be exploited because low wages, lack of benefits, and grueling hours often make it difficult to pay even the most basic of bills. |
Food production was greatly increased by new innovations in farming and animal husbandry during the ___________ | Agricultural revolution |
The industrial economy increased stratification of the workforce along class, race, and gender lines. t/f | True |
What was one of the key differences between hunting and gathering societies and horticultural societies? | Horticultural societies tended to have more permanent settlements. |
While the United States is a capitalist nation, it also has socialist elements. t/f | True |
The social and economic changes, including population increases, that followed from the domestication of plants and animals and the gradually increasing efficiency of food production. | Agricultural Revolution |
An economic system based on the laws of free market competition, privatization of the means of production, and production for profit, with an emphasis on competition and supply and demand as a means to set prices. | capitalism |
A system of government that eliminates private property; the most extreme form of socialism, because all citizens work for the government and there are no class distinctions. | communism |
The cultural and economic changes resulting from dramatically increased international trade and exchange in the late twentieth and early twenty-first centuries. | globalization |
The part of the economy composed of nonprofit organizations; their workers are mission driven, rather than profit driven, and such organizations direct surplus funds to the causes they support. Also called the Third Sector. | Independent Sector |
The rapid transformation of social life resulting from the technological and economic developments that began with the assembly line, steam power, and urbanization. | Industrial Revolution |
The recent social revolution made possible by the development of the microchip in the 1970s, which brought about vast improvements in the ability to manage information. | Information Revolution |
Those who work primarily with information and who create value in the economy through ideas, judgments, analyses, designs, or innovations. | knowledge workers |
"Contracting out" or transferring to another country the labor that a company might otherwise have employed its own staff to perform; typically done for financial reasons. | outsourcing |
Ways that workers express discontent with their working conditions and try to reclaim control of the conditions of their labor. | resistance strategies |
Those whose work involves providing a service to businesses or individual clients, customers, or consumers rather than manufacturing goods. | service workers |
An economic system based on the collective ownership of the means of production, collective distribution of goods and services, and government regulation of the economy. | socialism |
A workplace where workers are subject to extreme exploitation, including below-standard wages, long hours, and poor working conditions that may pose health or safety hazards. | sweatshop |
Working from home while staying connected to the office through communications technology. | telecommuting |
An association of workers who bargain collectively for increased wages and benefits and better working conditions. | union |