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Chapter 18: Work & Economy Flashcards | StudBud
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Chapter 18: Work & Economy
Chapter 18: Work & Economy
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Answers
1
Cuba is a form of market socialism
False
True
2
Information is not the most important commodity in a "Postindustrial Society"
False
True
3
is defined as not being able to live an average lifestyle in your country and not being able to afford basic necessities
Underemployment
Absolute Poverty
Relative Poverty
4
"____" is distributing a balance of resources in need.
Usufruct
Social Capital
Bartering
5
Who theorized the development of Socialism?
Emile Durkheim
Karl Marx
Friedrich Inkeles
Pierre-joseph Proudhon
6
crude oil, tea and coffee beans are examples of what?
Commodities
Samples
Services
7
"____" is an economic system characterized by private ownership of property or capital.
Socialism
Capitalism
Communism
8
The dominant economic systems in modern era are Capitalism and Socialism
False
True
9
Unemployment statistics are entirely accurate
False
True
10
In 2006 immigrants were 19.9% of the Canadian Workforce
True
False
