Sociology - Unit 12 - Economy & Politics

What is NOT one of the ways that the industrial revolution changed the economy?

system that combines a mostly market-based economy w/ extensive social programs

different regions of the world specialize in different sectors of the economy

someone hired by a business, cause, or special interest group to persuade legislators

power that people perceive as legitimate rather than coercive

total value of all goods and services produced within the nation’s borders each year

Globalization of the economy raises concerns about...

In approximately what year did the informational revolution begin?

the ability to achieve desired ends despite resistance from others

What is NOT an element of socialism?

How many multinational companies control half of the world's economic output?

a productive system based on service work and high technology

During the recession that began in 2008 more than _____ jobs were lost.

a political system that denies the people participation in government

What is NOT one of the three major changes to the economy in the third tech revolution?

domination of a market by a few producers, legal and common

Country that welfare capitalism is NOT found...

a political system in which a single family rules from generation to generation

Socialism emphasizes freedom from

With which tech revolution did economy become a distinct social institution for the 1st time?

the domination of a market by a single producer, illegal

In 1900 what percentage of the U.S. workforce were farmers.

fewer hours, fewer benefits, weaker work organizations, lower wages

What type of workers are most heavily a part of labor unions today?

Who was quoted in beginning of the first Khan Academy video we watched?

A century ago the U.S. workforce was dominated by __________

What is an example of the primary sector of the economy?

In the third tech revolution the role of ______ is reduced by automated and robotic labor.

Unemployment for African Americans is ......

a prestigious white-collar occupation that requires extensive formal education

When did the industrial revolution occur?

social institution that distributes power, sets a society’s goals, and makes decisions

NOT 1 of the 3 times in history that tech revolutions have reorganized economy & social life

organization w/legal existence including rights& liabilities, separate from that of its members

What is driving the economic changes of the third tech revolution?

system in which companies are privately owned but cooperate closely with the government

highly centralized political system that extensively regulates people's lives

economic system in which natural resources & means of producing goods are privately owned

What is NOT an element of capitalism?

power legitimized by the extraordinary personal qualities of the leader

transformation of charismatic authority into combination of traditional bureaucratic authority

What is an example of the tertiary sector of the economy?

services are...

major spheres of social life or societal subsystems organized to meet human needs

organizations that seek to improve wages and working conditions

largest businesses composed of smaller businesses

What is an example of the secondary sector of the economy?

What is NOT a sector of the economy?

How long ago did the domestication of animals occur?

What is a key element of an occupation being deemed a profession?

An example of goods are...

range of conservative to liberal views in a nation

What is NOT an important trend that underlies change in our economy?

The result of the agricultural revolution was...

As of 2009 what percentage of the U.S. workforce is in agriculture?

economic activity that crosses national borders

Capitalism emphasizes the freedom to pursue

caused by occupations becoming obsolete and companies changing the way they operate

•power legitimized by rationally enacted law

economic system in which natural resources & means of producing goods are collectively owned

a system of government agencies and programs that provides benefits to the population

a formal organization that directs the political life of a society

organizes a society’s production, distribution, and consumption of goods and services.

earning a living without being on the payroll of a larger organization

people organized to address some economic or social issue

a political system that gives power to the people as a whole

Economic equality can be assessed via _________________ within the population

By 2009 what percentage of the U.S. workforce was in the service sector?