Test 2 Flashcards
In relation to the Federal reserve banks study from 2012 on the rural-urban hierarchy Rural income is ______?
Decreasing.
Everything we talk about relates back to _____ which relates back to ____
Stratification, inequality
In relation to average annual expenditures of urban and rural households, what are both areas spending the most on?
Housing
In relation to average annual expenditures of urban and rural households, although both are spending the moston housing, where does it cost more to live?
Urban areas
In relation to average annual expenditures of urban and rural households, What is the 2nd most paid expenditure on?
Transportation
In relation to average annual expenditures of urban and rural households, what vehicles are more prevelant in rural areas?
Used cars and trucks
In relation to the Average annual entertainment expenditures of urban and rural households bot spent the most on _______
Audio and visual entertainment
Pets were spent on more in [Urban] or [Rural] areas?
Rural
What is a labor force?
All that are employed or seeking employment
What is the primary labor market?
Mostly professional jobs/ you more than likely nmeed educational attainment for that job
What is the secondary labor market?
More blue collar jobs, low status, low pay
What are ascribed charecteristics?
The charecterstics/ status you are born into, involuntarily
What are some examples of ascribed charecteristics?
race/ethnicity, socioeconomic status, religion, wealth, disability
What are Achieved Charecterisitcs?
Achievements. charecteristics you obtain
What are some examples of achieved characteristics?
education, occupation, skills, hobby, family,
Based on the infographin the book, on real median household income by race, what racial group makes the highest, what group makews the lowest?
Highest- Asian americans
lowest- African americans
Based on the racial wealth gap, _______ characteristics already have an impact on your future income?
Ascribed
In realtion to labor markets, ascribed characteristics can have an impact on which labor market you fall into? t o f?
T- more afdrican americans fall into the secondary labor market or receive less income than other co worrkers of a different racial status
What is the formal and informal economy comparable to?
Primary and secondary labor markets
What is the formal economy?
Stable, full time, professional, gov. related
What is the informal economy?
Service sector, unstable, temporary.
What are some jobs that fall within the informal economy?
Restaurants, food, customer service, retail.
In relation to the workforce, women face forced discrimination of ______ and _______
Pay, hiring practices
Women are more likely to fall into the, formal or informal economy?
Informal economy