Chapter 11: The Economy and work
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In _______ the government owns everything, and all citizens work for the government and are considered equal, with no _____ distinctions. Under ______, workers do not enjoy the same consumption patterns that _____ economies encourage. Many socialist nations have ________ who enjoy a higher class of living than workers.
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Terms in this set (21)
In _______ the government owns everything, and all citizens work for the government and are considered equal, with no _____ distinctions. Under ______, workers do not enjoy the same consumption patterns that _____ economies encourage. Many socialist nations have ________ who enjoy a higher class of living than workers.
communism
class
socialism
capitalist
political elites
class
socialism
capitalist
political elites
In which year did the Industrial Revolution begin in England with the invention of the steam engine?
1769
Identify the true and false statements about the Information Age and modern knowledge work.
True Statement(s)
-The average worker is working more hours in a week than their predecessor in the pre-Information Age workplace.
-The rise of new technologies may roll back many of the original effects of the Industrial Revolution.
-Knowledge or information work is increasingly common in the twenty-first century.
False Statement(s)
-Telecommuting has benefits, but it also increases workplace distractions and reduces worker productivity.
-The average worker is working more hours in a week than their predecessor in the pre-Information Age workplace.
-The rise of new technologies may roll back many of the original effects of the Industrial Revolution.
-Knowledge or information work is increasingly common in the twenty-first century.
False Statement(s)
-Telecommuting has benefits, but it also increases workplace distractions and reduces worker productivity.
Identify each statement as applying to either shallow or deep integration.
Shallow Integration
-Companies have a national model.
-A product is made solely in one country and exported to another.
Deep Integration
-Companies have a multinational model.
-This type of integration necessitates global trade agreements.
-Companies have a national model.
-A product is made solely in one country and exported to another.
Deep Integration
-Companies have a multinational model.
-This type of integration necessitates global trade agreements.
Robin Leidner's research in the book Fast Food, Fast Talk found that training McDonald's workers to interact with customers using "The Six Steps" ensured that a customer experienced the exact same greeting no matter with which McDonald's employee they interacted.
false
Identify the characteristics of a socialist economic system.
Characteristic(s) of Socialism
-Citizens have access to resources such as health care, food, housing, and other social services to meet their basic needs.
-Property and goods are mainly collectively owned.
Not Characteristic(s) of Socialism
-There are only a very limited number of private for-profit transactions.
-Workers are still at risk of extreme poverty and class division within a socialist society.
-Citizens have access to resources such as health care, food, housing, and other social services to meet their basic needs.
-Property and goods are mainly collectively owned.
Not Characteristic(s) of Socialism
-There are only a very limited number of private for-profit transactions.
-Workers are still at risk of extreme poverty and class division within a socialist society.
Knowledge Work
market researcher
web designer
advertising copywriter
web designer
advertising copywriter
Service Work
bank teller
massage therapist
massage therapist
the Emergency Economic Stabilization Act of 2008
often referred to as the "bailout bill"
the Affordable Care Act of 2010
ushered in more federally mandated health care coverage for millions of Americans
SNAP
formerly known as the Food Stamp Program
Place each event related to unions in chronological order.
-The Typographical Union was formed
-Textile mill strikes took place in Lawrence, Massusetts
The Taft-Harley Act limits the power of unions and activities of their members
-The average yearly number of strikes during this decade was 352
-Textile mill strikes took place in Lawrence, Massusetts
The Taft-Harley Act limits the power of unions and activities of their members
-The average yearly number of strikes during this decade was 352
Identify the true and false statements about capitalism.
True Statement(s)
-Efficiency is encouraged through technological innovation, expansion of markets, and reduction of production costs.
-The production, pricing, and distribution of goods are determined by a free market.
-Property and goods are mainly privately owned.
False Statement(s)
Only firms must increase competitiveness in a capitalist system.
-Efficiency is encouraged through technological innovation, expansion of markets, and reduction of production costs.
-The production, pricing, and distribution of goods are determined by a free market.
-Property and goods are mainly privately owned.
False Statement(s)
Only firms must increase competitiveness in a capitalist system.
Which categories make up the contingent workforce?
Contingent Workforce
temporary workers
independent contractors
contract company workers
on-call workers
temporary workers
independent contractors
contract company workers
on-call workers
The only remaining purely socialist or communist countries in the world are Cuba and China.
false