Question 1

Which of the following would NOT be a good example of an origin story used by the welfare mothers in this study?

Accepted Answer

This statement casts the individual in a negative light and lacks a legitimate reason for being on welfare, which may not be well received by others. The other choices all provide understandable origins for why the individual is on welfare.

Question 2

Which of the following best illustrates what the author calls the globalization of banking?

Accepted Answer

The answer of Which of the following best illustrates what...

Question 3

For the respondents in Luna's study, raising children was a big part of their lives. In terms of percentage, how many of these welfare mothers were currently raising children of their own at the time of the study?

Accepted Answer

The article states that "almost all (95 percent) of the respondents were currently raising their own children" at the time of the study.

Question 4

Which of the following can best describe the ways that Korean banks help Koreans in this American business environment?

Accepted Answer

All of the choices mentioned in A, B, and C are ways in which Korean banks assist Korean immigrants in the American business environment. They educate Koreans about American norms of business, help them establish credit histories, and engage in relational lending to reduce risk in financial transactions.

Question 5

In order to maintain their identity and to continue to be on welfare, the women in this study engaged in what Luna called "dissociation." What does this term mean, how the women employed it, and provide two (2) examples from the research that illustrates "dissociation."

Accepted Answer

The answer of In order to maintain their identity and...

Question 6

According to this article, scholars have offered different explanations in terms of racial differences in men's approaches to women. Which of the following is NOT one of these approaches?

Accepted Answer

The answer of According to this article, scholars have offered...

Question 7

Welfare is a controversial topic, with some people feeling that it just perpetuates laziness and lack of job hunting, and others feeling that it is a necessary system to support the poor in this country. Explain how the women in this research illustrate the need for a welfare system. Now, after reading what these women had to say, express your own opinion about whether welfare is beneficial to society (and why or why not)?

Accepted Answer

The answer of Welfare is a controversial topic, with some...

Question 8

An accurate portrayal of the Korean banking industry is best expressed by which of the following statements?

Accepted Answer

The statement acknowledges that Korean banks cater to all clientele but emphasizes that the majority of their support comes from the Korean or other Asian communities. This indicates that they primarily serve Korean or Asian interests, which aligns with the nature of their ownership and origin. The other options (A, B, and D) make incorrect claims or provide irrelevant information.

Question 9

Noppers argues that Korean banks do not only serve the Korean community in America, but others as well. Describe what other communities are served and why these people in these communities would want to bank in Korean banks, rather than in their own minority or American banks.

Accepted Answer

The answer of Noppers argues that Korean banks do not...

Question 10

Which of the following woulod NOT be a good example of a continuity story used by the welfare mothers in this study?

Accepted Answer

This statement shows a lack of acknowledgement of personal responsibility and portrays a sense of entitlement, which is not a positive continuity story.

Question 11

The significance of globalization in banking can be seen in which of the following statements?

Accepted Answer

Globalization in banking is reflected in the involvement of banks in cross-border activities, their generational growth allowing for a stronger foothold in foreign economies, and the specific mention of Asian banks' involvement in global financial flows. All these points highlight different aspects of how globalization affects banking, making all the statements correct in this context.

Question 12

According to the author of this study, Korean banks serve

Accepted Answer

The author suggests that Korean banks can serve both Korean communities and other minority communities better than long-established American banks, indicating a wider social and economic implication beyond benefiting solely the Korean global community or taking money away from American banking. Option A is incorrect, as the study does not suggest that the primary clientele of Korean banks are Americans of ethnic minority groups. Option B is incorrect, as the author does not suggest that Korean banks only benefit the Korean global community. Option D is also incorrect, as there is no evidence to support the notion that Korean banks exist solely to take money away from American banks.

Question 13

It is argued in this article that the main reason why the majority of Korean banks are supported by Korean clientele is which of the following?

Accepted Answer

The article states that the main reason why Korean banks are supported by Korean clientele is because of language access. It is mentioned that Korean-owned banks can offer services in Korean language and are better equipped to understand the needs of Korean clients. Option A and C are not mentioned in the article as reasons why Korean banks are supported by Korean clientele. Option D is not a valid option as there is a reason mentioned in the article.

Question 14

One possible advantage of Korean banks, especially for people in poverty or of various ethnic minority groups, is that

Accepted Answer

Korean banks may be more welcoming to people who have difficulty meeting the requirements of American banks, such as proof of identification and credit history. This could potentially include people of various ethnic minority groups and those living in poverty. However, options A, C, and D do not have any evidence to support their claims.

Question 15

What does Luna mean by the term "overt resistance?" Provide three (3) ways that the women in this study illustrated this concept.

Accepted Answer

The answer of What does Luna mean by the term...

Question 16

Which of the following is correct about Korean entrepreneurship in the United States?

Accepted Answer

According to the U.S. Census Bureau, Koreans make up 2.7% of all immigrants in the United States, but account for 22.6% of business ownership.

Question 17

As compared to Korean banks, the total assets of other minority banks, such as African American, Latino, Native American, and Asian Pacific Islanders combined

Accepted Answer

The passage does not specify any specific numbers, but it does mention that Korean banks have a significant amount of assets. It also mentions other minority banks, such as African American, Latino, Native American, and Asian Pacific Islanders, but notes that they are "minority" banks and may not have as much in total assets as Korean banks. Therefore, it can be inferred that these other minority banks have much less assets than Korean banks, despite there being many more of them.

Question 18

Which of the following is NOT an example of how Korean bankers use relationship lending in helping their clients?

Accepted Answer

It is not an example of relationship lending; it is an unethical and potentially illegal behavior. The other choices, A, B, and D, all demonstrate ways in which Korean bankers use relationship lending to help their clients.

Question 19

Explain what is meant by the globalization of the banking industry, and using Korean banks as an example, illustrate why this can be seen as a positive change in financial markets in the future.

Accepted Answer

The answer of Explain what is meant by the globalization...

Question 20

Describe ways in which the Korean banking industry serves the Korean-American community. Provide three (3) advantages that these banks give to Koreans living in the United States.

Accepted Answer

The answer of Describe ways in which the Korean banking...

Quiz 1: Sociological Odyssey: Contemporary Readings in Introductory Sociology