U.S.agricultural productivity has increased, and the U.S.has a highly productive extractive sector, a large and productive manufacturing sector, and an increasing service sector.Give these characteristics, according to Hodson and Sullivan, what term best characterizes American society?

Question

Quizplus · Accepted Answer

The characteristics listed in the question are consistent with a society that has reached an advanced stage of industrialization. Thus, the best term to describe American society would be an advanced industrial society. A post-industrial society would have a declining manufacturing sector and an increasing emphasis on the service sector, which is not necessarily the case in the U.S. Monopoly capitalism is not an accurate term as it describes a system where a few large corporations dominate the market, which is not the case in the U.S. Democratic capitalism and social democracy are political ideologies, and while they may describe certain aspects of American society, they do not capture the overall economic structure and characteristics listed in the question.

USAgricultural Productivity Has Increased, and the U