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Exam 9: Class and Global Inequality

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Question 1

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Financial assistance from the government to citizens in the form of tax credits or monetary payments is called

A) public assistance.
B) social welfare.
C) capital welfare.
D) government assistance.

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Question 2

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Income is more unevenly distributed than wealth.

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Question 3

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Max is the owner of a leading food distributor and owns a large share of the company's stock.According to Karl Marx,to which class does Max belong?

How would world systems analysis classify a nation that had middle incomes and a basic domestic industrial base but lacked major global economic power?

John worked in a manufacturing job building car engines.Over time,this work was increasingly performed by machines,and manufacturing jobs became scarcer and paid less.John and his family were once comfortably middle class,but technology changed his job and his factory was shut down.What kind of mobility did John experience?

Individuals who believe in equal opportunity believe that everyone should have the same chance at achieving success in life.

What term refers to the process in which nations decrease the amount of goods produced though manufacturing?

Which of the following occupations is NOT included in the middle class?

Which of the following is a main characteristic of the underclass?

People living in developed nations have a higher material standard of living than underdeveloped nations.

Renee was born into a working-class family.She worked her way through college and is now employed as a nurse.What kind of mobility did Renee experience?

Memberships in social groups that have the potential to be economically valuable are known as

According to Karl Marx,which of the following statements about the relationship between owners and workers is FALSE?

Dependency theory argues that global inequality is the result of wealthy nations exploiting poorer nations.

Which of the following represents income?

Alex believes that people who are poor are lazy and do not want to work.He argues that anyone can be rich if they simply work hard enough.What concept reflects the argument he is making?

Which of the following theories argues that global inequality is the result of powerful nations exploiting less powerful nations?

A country redesigned its tax policy so that the amount of taxes an individual paid was based on his or her earnings,with those earning more paying more in taxes.For example,an individual who makes $20,000 a year pays 3 percent in taxes,while an individual who makes $100,000 a year pays 3 percent on the first $20,000 and an additional 10 percent on the remaining $80,000.This is called

Which of the following best describes a characteristic of the middle class?

Someone who lacks the resources that are considered required to maintain a basic standard of living in society is living in ________ poverty.