Question 1

The term Hispanic only includes individuals with a Mexican ancestry.

Accepted Answer

The term Hispanic includes individuals with ancestry from Spanish-speaking countries, which includes Mexico but also other countries such as Spain, Colombia, and Argentina.

Question 2

From 1973 to 2014, the real earnings of CEOs at major corporations rose by over 1,000%.

Accepted Answer

According to a report by the Economic Policy Institute, the inflation-adjusted CEO compensation at major corporations increased by over 1,000% between 1978 and 2014.

Question 3

Employment in a postindustrial society shifts away from manufacturing and related sectors and into the service-producing sectors of the economy.

Accepted Answer

This statement is true. Postindustrial societies are characterized by a shift away from manufacturing-based economies toward service-based economies. This is due to advancements in technology and automation, which have led to a decrease in demand for manufacturing jobs but an increase in demand for jobs in areas such as healthcare, education, finance, and professional services.

Question 4

Fields in which rewards are heavily concentrated in the hands of a few top performers are called winner-take-all markets.

Accepted Answer

Winner-take-all markets are characterized by a small number of top performers who capture a large share of the rewards, while other participants receive relatively little or nothing. Examples include professional sports, the entertainment industry, and some areas of business and finance.

Question 5

The Social Register, published in 1887, was a directory of 881 elite families in Boston.

Accepted Answer

The Social Register was actually first published in New York City in 1887, with a directory of 837 elite families. It later expanded to other cities, including Boston.

Question 6

What two tendencies prevented stark polarization between the capitalist class and the working class in the United States during the early part of the 20th century?

Accepted Answer

The answer of What two tendencies prevented stark polarization between...

Question 7

Discuss the "sunny side" and "dark side" interpretations of postindustrial society. Using the current condition of the United States, explain whether you support the sunny or dark interpretation. Illustrate why using real-life examples.

Accepted Answer

The answer of Discuss the "sunny side" and "dark side"...

Question 8

Explain why since the 1940s there has been such an increase of women in the labor market.

Accepted Answer

The answer of Explain why since the 1940s there has...

Question 9

List the four explanations offered by social scientists for the growing inequality of wages.

Accepted Answer

The answer of List the four explanations offered by social...

Question 10

American corporations were in serious trouble in the early 1970s. According to Harrison and Bluestone, why was this the case and how did companies respond?

Accepted Answer

The answer of American corporations were in serious trouble in...

Quiz 3: Social Class, Occupation, and Social Change