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SOCL 211 > CH 7 > Flashcards

CH 7 Flashcards

1
Q

private ownership of the means of production and distribution of goods and services for profit in a competitive market

A

capitalism

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2
Q

Capitalism is the absence of what?

A

Absence of government intervention at the expense of increase inequalities

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3
Q

State ownership of the means of production and distribution of goods and services

A

socialism

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4
Q

Socialism reduces what?

A

Reduces inequalities at the expense of government control

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5
Q

Packs between countries that make it easier to trade goods by reducing or eliminating restrictions on exports and tariffs on imported goods and protecting intellectual property rights

A

Free Trade Agreements (FTA)

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6
Q

Name 4 facts things the FTA free trade agreements allows

A
  1. Expand trading opportunities
  2. Companies offshore
  3. Undermine laws to protect workers, consumers, and the environment
  4. US MCA replaced in a FTA
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7
Q

Multinational corporations have their homebased in one country in branches, or affiliates, in other countries

A

Transnational corporations

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8
Q

What do corporations have access to

A

The benefits of cheap labor, raw materials, avoidance of government regulations, take advantage of foreign take shelters but the savings are not passed down to consumers

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9
Q

What do the United States consequences of transnational corporations include?

A
  1. Trade deficits as more goods are produced and exported from outside
  2. Increase budget deficits since they shelter tax income
  3. Military spending increases to protect foreign interest for corporations
  4. Increased unemployment
  5. Other social problems including poverty, urban decline, and racial and ethnic tensions due to competition over Scarce employment
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10
Q

What are the consequences of transnational corporations within the United States

A
  1. Trade deficits
  2. Increase budget
  3. Military spending increases
  4. Increased unemployment
  5. Other social problems LIKE poverty
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11
Q

What do structural functionalist believe?

A

Economic institutions should provide necessities, surplus world in materials should be allocated for social uses such as the military, education, and recreation

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12
Q

What is conflict perspective

A
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13
Q

Refers to the ruling class using disruptive events to push for government policies for their benefit

A

Disaster capitalism

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14
Q

Involves ties between government and business

A

Coporatocracy

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15
Q

Define symbolic interactionist perspective

A

Believe work is central to our self-identity and status and that labels and interactions influenced the workplace and workers

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16
Q

Includes individuals who are currently unemployed, are available for employment, and have a look for work in the past four weeks

A

Unemployment rate

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17
Q

What are four causes of unemployment

A

Frictional unemployment, job exportation, outsourcing, automation

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18
Q

Expected time to look for jobs

A

Frictional unemployment

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19
Q

movement of jobs to other countries

A

Job exportation

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20
Q

Services to contractors to save on employment cost

A

Outsourcing

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21
Q

Replacement of human labor with technology

A

Automation

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22
Q

Effects of unemployment

A

Unemployed and those in fear of job loss cut back on spending, which hurts businesses that they must cut jobs to stay afloat

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23
Q

Internet is used to create new patterns for freelance in short term labor including ride sharing, selling crafts, and renting our property

A

Gig economy

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24
Q

Most common of modern-day slavery

A

Bonded labor

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25
Q

Day-to-day struggle to meet the demands of work and other life responsibilities and goals

A

Work-life conflict

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26
Q

Alienation of workers results from

A

Repetitive in monotonous tasks

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27
Q

Further alienates workers as the characteristics of the fast food industry including efficiency and control through technology are applied to other work environments

A

McDonaldization of Society

28
Q

Unions have a declining ___ or union membership rate

A

Union density

29
Q

Do United States has weak ___ and __ legislation

A

Labor laws and anti-union legislation

30
Q

What is considered full employment

A

An unemployment rate of 5% or lower

31
Q

What is the most effective way to end slavery, child labor, sweatshop labor

A

Legislation

32
Q

Failure to update laws to reflect economic changes

A

Policy drift

33
Q

strategy used by business management that attributes health and safety problems in the workplace to workers’ behavior, rather than to work processes and conditions

A

behavior-based safety programs

34
Q

an economic system characterized by private ownership of the means of production and distribution of goods and services for profit in a competitive market

A

capitalism

35
Q

a form of slavery in which slavery are considered property that can be bought and sold

A

chattel slavery

36
Q

involves a child performing work that is hazardous, that interferes with a child’s education, or that harms a child’s health or physical, mental, social, or moral development

A

child labor

37
Q

a political system that usually takes on the form of totalitarianism-a one-party system where the state controls all aspects of public and private life, permitting no individual freedom

A

communism

38
Q

a system of government that serves the interest of corporations and that involves ties between government and business

A

corporatocracy

39
Q

An economic pattern that occurs when elites use disruptive events—such as natural disasters or high unemployment—to push for policies that the public would be unlikely to accept in normal circumstances, such as lower wages, privatization, and deregulation.

A

disaster capitalism

40
Q

the structure and means by which a society produces, distributes and consumes goods and services

A

economic institution

41
Q

A federal law that requires public agencies and companies with 50 or more employees to provide eligible workers with up to 12 weeks of job-protected, unpaid leave so that they can care for an ill child, spouse, or parent; stay home to care for their newborn, newly adopted, or newly placed foster child; or take time off when they are seriously ill, and up to 26 weeks of unpaid leave to care for a seriously ill or injured family member who is in the armed forces, including the National Guard or Reserves.

A

Family and Medical Leave Act (FMLA)

42
Q

Similar to slavery

A

Forced labor

43
Q

Similar to slavery

A

Forced labor

44
Q

A federal law that requires public agencies and companies with 50 or more employees to provide eligible workers with up to 12 weeks of job-protected, unpaid leave so that they can care for an ill child, spouse, or parent; stay home to care for their newborn, newly adopted, or newly placed foster child; or take time off when they are seriously ill, and up to 26 weeks of unpaid leave to care for a seriously ill or injured family member who is in the armed forces, including the National Guard or Reserves.

A

Free trade agreement (FTA)

45
Q

exists when there are jobs available for all workers; usually when unemployment rates are below 5%

A

full employment

46
Q

A labor force pattern characterized by people performing freelance or temporary work for other individuals, typically connected through an online platform

A

gig economy

47
Q

an interconnected network of economic activity that transcends national borders

A

global economy

48
Q

he period of global economic crisis that lasted from 2007 to 2009 that was characterized by high levels of unemployment, widespread home foreclosures, the collapse of the banking industry, and plummeting global trade

A

great recession

49
Q

prolonged job stress that can cause or contribute to high blood pressure. ulcers, headaches, anxiety, depression, and other health problems

A

job burnout

50
Q

worker advocacy organizations that developed to protect workers and represent them at negotiations between management and labor

A

labor unions

51
Q

unemployment that lasts for 27 weeks or more

A

long-term unemployment

52
Q

The process by which principles of the fast-food industry (efficiency, calculability, predictability, and control through technology) are being applied to more sectors of society, particularly the workplace

A

McDonaldization

53
Q

The tendency for women with children, particularly young children, to be disadvantaged in hiring, wages, and the like, compared to women without children.

A

Motherhood penalty

54
Q

The relocation of jobs to other countries where products can be produced more cheaply.

A

offshoring

55
Q

A practice in which a business subcontracts with a third party to provide business services.

A

ourtsourcing

56
Q

The failure to update labor laws to reflect changes in the broader society and economy.

A

policy drift

57
Q

A significant decline in economic activity spread across the economy and lasting for at least six months.

A

Recession

58
Q

Any work that is performed under the threat of punishment and is undertaken involuntarily; also known as forced labor.

A

slavery

59
Q

An economic system characterized by state ownership of the means of production and distribution of goods and services.

A

socialism

60
Q

Work environments that are characterized by less than minimum wage pay, excessively long hours of work (often without overtime pay), unsafe or inhumane working conditions, abusive treatment of workers by employers, and/or the lack of worker organizations aimed to negotiate better working conditions.

A

sweatshops

61
Q

Also known as multinational corporations, corporations that have their home base in one country and branches, or affiliates, in other countries.

A

transnational coporations

62
Q

To be currently without employment, actively seeking employment, and available for employment, according to U.S. measures of unemployment.

A

unemployment

63
Q

The percentage of workers who belong to unions.

A

union density

64
Q

Democratic business organizations controlled by their members, who actively participate in setting their policies and making decisions; also known as workers’ self-directed enterprises.

A

worker cooperatives

65
Q

similar to worker cooperatives

A

workers’ self-directed enterprises

66
Q

The day-to-day struggle to simultaneously meet the demands of work and other life responsibilities and goals, including family, education, exercise, and recreation.

A

work/life conflict

SOCL 211 (11 decks)

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