Inequlality Flashcards

1
Q

Class (Social)

A

Social inequality based upon wealth

start poor end rich

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2
Q

Caste

A

Born into wealth

inherit it

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3
Q

Absolute poverty

A

unable to afford basic necessities of life

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4
Q

Meritocracy

A

merit your earnings

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5
Q

Market Basket Measure

A

Indicates Canadian population living in absolute poverty

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6
Q

Middle class

A

Canadian society with 45-100K income

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7
Q

Relative Poverty

A

Unable to afford standard cost of living

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8
Q

Social Mobility

A

Change from one social class to another

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9
Q

Plutocracy

A

Social positions based on preexisting wealth

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10
Q

Low income measure

A

indicates population living in relative poverty

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11
Q

Globalization

A

economies of several countries become increasingly intertwined

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12
Q

Gini coefficients

A

indicates country level of inequality

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13
Q

Global stratisfication

A

inequality on a worldwide scale

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14
Q

Distribution & High tax on rich people

A

2 gov activities explains why pre tax is higher than post tax inequality

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15
Q

Modernization Theory

A

underdeveloped countries can progress economically by technology

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16
Q

NIDLT

A

underdeveloped countries are exploited by other countries for cheap labour (outsourcing)

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17
Q

Second world

A

communist parts of the globe with moderate standards of living

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18
Q

Comparative advantage

A

good or service that a country is best placed to focus on economic growth

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19
Q

Subsidies

A

external factor that limits under developed countries capacity for economic growth

20
Q

Assoiative mating

A

human activity of self selecting partners according to similar interests

21
Q

Upper tier Employment

A

level of employment characterized by advanced skills and remuneration

22
Q

Hunting/gathering

A

activities of nomadic societies with little to no surplus and very little inequality

23
Q

Unionization

A

organization of labourers to secure employment rights

24
Q

Deskilling

A

workforce loses ability to perform tasks

25
Q

Agricultural Society

A

sedentary societies that generate surplus for trade, economic specialization first historical rise in inequality

26
Q

Job satisfaction

A

Security and autonomy in one’s employment

27
Q

Industrialization

A

high efficiency and massive output, bring out decrease in inequality

28
Q

Lower tier employment

A

elementary skills and eager remuneration

29
Q

increase in inequality

A

economy shots from manufacturing base to bifurcated employment of post industrial economy

30
Q

Service Sector

A

activity which causes bifurcation of skills and remuneration in the work force

31
Q

Mixed economy

A

goal is the equality of opportunity
slight public ownership for common good
socialist/capitalist

32
Q

Higher Inequality

A

social consequences of economic system which is entirely unregulated

33
Q

Capitalism

A

human independence

free from gov

34
Q

Socialism

A

maintenance of equality of outcomes

gov control of cost of goods

35
Q

Communism

A

employs a socialist economic system

all gov intervention

36
Q

Stagflation

A

fails to provide incentives for industry and innovation

37
Q

Supply and demand

A

drives prices and wages in mixed and capitalist economies

38
Q

Tracking

A

Streamlining students from prior academic performance

39
Q

Social control

A

result of children learning the importance of respect of authority

40
Q

Hidden curriculum

A

plan of instruction which reinforces docility

41
Q

Transmission of culture

A

students will obey values that majority in E hold

42
Q

Socialization

A

students have skills to successfully interact with others

43
Q

Mass education

A

institutionalization of learning by following an industrial model of product manufacturing

44
Q

Social placement

A

Prepare students for a particular role in economy

45
Q

High tuition

A

Post secondary ed, economic barrier to enter

46
Q

Cultural knowledge

A

Intellectual assets that are regionally specific

47
Q

Manifested Functions

A

Goal of education that is open, stated or intended