Question 1

By about 1950,most of the people in the Canadian labour force had which type of jobs?&#10;A)white-collar&#10;B)blue-collar&#10;C)pink-collar&#10;D)farming

Accepted Answer

A

Question 2

The Industrial Revolution was based on:&#10;A)the spread of cottage industry&#10;B)a decrease in productive specialization&#10;C)people beginning to work in their homes.&#10;D)new sources of energy.

Accepted Answer

The Industrial Revolution was based on new sources of energy, such as coal and steam power, which allowed for the development of new machinery and mass production. The other choices are incorrect as they do not accurately describe the factors that led to the Industrial Revolution.

Question 3

Which social institution is widely considered to have the greatest effect on society as a whole?&#10;A)the family&#10;B)the economy&#10;C)the political system&#10;D)religion

Accepted Answer

While all social institutions have an impact on society, the economy is widely considered to have the greatest effect. It impacts everything from employment opportunities to income inequality to resource distribution. Its fluctuations can cause ripples throughout all aspects of society.

Question 4

The development of agriculture was set in motion by:&#10;A)changes in the church&#10;B)hitching animals to the plow.&#10;C)the discovery of writing.&#10;D)the discovery of oil.

Accepted Answer

The development of agriculture was set in motion by the innovation of using animals to plow the fields. This allowed for more efficient and productive farming, leading to a surplus of food and the ability for societies to form and grow.

Question 5

The global economy pays little regard to national borders.

Accepted Answer

The global economy involves trade and investment activities that cross national borders, making it less reliant on national boundaries.

Question 6

The expansion of office work marks the growth of the economy's:&#10;A)primary sector.&#10;B)secondary sector.&#10;C)tertiary sector.&#10;D)None of the above is correct.

Accepted Answer

Office work falls under the service sector, which is part of the tertiary sector of the economy. The tertiary sector includes activities that provide services to individuals and businesses, such as retail, tourism, healthcare, and education. Therefore, the expansion of office work indicates growth in the economy's tertiary sector.

Question 7

The invention of the corporation is generally taken as the point at which a postindustrial society emerged.

Accepted Answer

The invention of the corporation is typically associated with the development of industrial capitalism, not the emergence of a postindustrial society. Postindustrial society is generally characterized by an economy focused on services and information, rather than the industrial production of goods.

Question 8

How do capitalism and socialism differ in overall productivity? What about economic inequality?

Accepted Answer

The answer of How do capitalism and socialism differ in...

Question 9

An example of a country with a mostly private economy and extensive social welfare programs is:&#10;A)the United States.&#10;B)Sweden.&#10;C)Japan.&#10;D)All of the above are correct.

Accepted Answer

Sweden has a mostly private economy, but also has extensive social welfare programs that include universal healthcare, free education, and generous parental leave. The United States and Japan do have private economies, but their social welfare programs are not as extensive as those in Sweden.

Question 10

The social thinker whose ideas most supported the operation of a free-market economy was:&#10;A)Thorstein Veblen.&#10;B)Adam Smith.&#10;C)Karl Marx.&#10;D)Max Weber.

Accepted Answer

Adam Smith is considered the father of modern economics and his book "The Wealth of Nations" introduced the concept of the invisible hand, which suggests that individuals pursuing their own self-interest in a competitive market will ultimately benefit society as a whole. This idea supports the operation of a free-market economy.

Deck 16: C: the Economy and Work