Social and Economic Factors Flashcards

1
Q

What is conspicuous consumption?

A

Consumption of luxuries on a lavish scale to enhance one’s prestige. As Canadians, we consume a lot of products.

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2
Q

What does LICO stand for?

A

Low income cut off

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3
Q

How you measure people to be in LICO range?

A

Those who spend 20 percentage points more of their gross income on food, shelter, and clothing than the average canadian.

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4
Q

How low is our unemployment, typically?

A

Between 7-9%

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5
Q

What are service sector jobs?

A

Often called McJobs, because they are generally low paying with little benefits.

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6
Q

What does it mean to live in a knowledge-based economy?

A

The higher the education level you have, the greater chance at a higher paying job.

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7
Q

What is outsourcing?

A

Jobs being moved over seas. E.g., sweatshops for our clothes in India

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8
Q

What are the two main concerns about outsourcing our jobs to places like China?

A
  1. What is the damage to the Canadian economy has this had?

2. What is the morality of outsourcing these jobs? I.e., what are the working conditions in which these people work

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9
Q

What would people argue, if they were arguing against outsourcing?

A

Our consumption based culture is based on abandoning the moral ideas of equality.

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10
Q

What would people argue, if they were arguing for outsourcing?

A

They point out that these people who work in these factories are often better off then their fellow citizens who do not have a job.

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11
Q

Without ___________, we could not maintain current levels of __________.

A

Outsourcing, consumption.

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12
Q

How have class divisions that exist in Canada changed in the last 50 years.

A

They haven’t, they’ve stayed about the same.

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13
Q

What group is far more likely to end up as part of the lower class than any other group in Canada?

A

Aboriginal groups

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14
Q

What is social mobility?

A

The ability of an individual, a family, or group to move from one social/economic position to another.

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15
Q

What are two things that usually determine your social mobility and your employment?

A

Family background, and education.

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16
Q

What are the two types of discrimination?

A
  1. Deliberate - E.g., Making discriminatory sentiments about people’s race, gender or sexual orientation.
  2. Systemic - E.g., In order to maximize their chance of economic success, they are forced to leave their culture or change in some way.
17
Q

What are social diseases?

A

Discrimination, alcoholism, drug addiction, murder, suicide, homelessness.

18
Q

Why is homelessness problems in big cities?

A

Prices of real estate in urban centres continue to climb, and shelters are being replaced as the value of the land increases.

19
Q

What is one way the government tries to solve the homeless problem?

A

Financial assistance

20
Q

What is the issue with using financial assistance to get rid of homelessness?

A
  1. How much assistance should the government provide?

2. Too much assistance will make people go on welfare rather than work

21
Q

What is a poverty line?

A

The estimated minimum level of income needed to secure the necessities of life.

22
Q

What is the basic needs line?

A

A term the fraser institute has come up with to cover basic needs, it is much lower than LICO.