Oral Flashcards

1
Q

What form of business is governed on the principle of one member, one vote?

A

Cooperatives

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2
Q

What organization of the state which makes, implements, enforces, and adjudicates the law?

A

Government**

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3
Q

What institution that allows people deposit their money for safe keeping and interests?

A

Banks

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4
Q

What institution is made up of individuals shareholders or stockholders who engage to business?

A

Corporation

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5
Q

What type of coporation are formed to generate reveneues and provide returns to their shareholders

A

For-Profit

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5
Q

What type of coporation are formed to generate reveneues and provide returns to their shareholders

A

For-Profit

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6
Q

They help workers in issues like fairness of pay, good working environment, hours of work and benefits.

A

Trade Unions/ labor Unions

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7
Q

Groups or networks that gives powerless constituents a voice in domestic and international lawmaking.

A

Transnational/ Advocacy groups

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8
Q

**Which describes a society where people frequently can, by acquiring skills and working hard , move from one level of social stratifiction to a higher level of social stratification?
**

A

Open system

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9
Q

The child of an office clerk becomes a physician, This is an example of?

A

Social Mobility

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10
Q

A factory worker’s son earns his way through college and eventually becomes a geodetic engineer this is an example of ?

A

Vertical Mobility

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11
Q

______ are assigned or given by the society or group on the basis of some fixed category, without regard to a persons abilities or performance.

A

Ascribed Statuses

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12
Q

Which is not an example of Ascribed Statuses?

A

Profession

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12
Q

The need for interpersonal relationships motivates behaviour. Examples include friendship, intimacy, trust, and acceptance, receiving and givng affection and love.

A

Love and Belonging

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