8/4/24, 3:09 PM
SOCI 1301 Chapter Homework (Economic System and
Changes)
Jeremiah
Terms in this set (51)
The sociocultural evolution approach economy
developed by Gerhard Lenski categorizes
preindustrial societies according to the way
in which the _____ is organized.
Which type of society relies chiefly on industrial society
mechanization for the production of its
economic goods and services?
A society such as France or Italy that has an industrial
economy based on the production of goods
in factories through mechanization would be
an example of a(n) _____ society.
What are the two types of economic systems capitalism and socialism
that are seen in contemporary societies?
the means of production are largely in private hands, and the main incentive for
Capitalism is an economic system in which
economic activity is the accumulation of profits.
Laissez-faire refers to a form of _____ under capitalism
which people compete freely with minimal
government intervention in the economy.
Monopoly is the control of a market by a single business firm.
For many years, there was only one long- monopoly.
distance telephone company in the United
States—the American Telephone and
Telegraph Company. This company was an
example of a(n)
A particular computer software monopoly.
manufacturer creates a product that all
computers are required to use. The exclusive
product allows the manufacturer to dictate
SOCI 1301 Chapter Homework (Economic System and Changes)
prices, standards of quality, and product
availability. This would be an example of a(n)
1/5
, 8/4/24, 3:09 PM
Which sociological perspective would most conflict perspective
likely suggest that although pure
monopolies are not a basic element of the
U.S. economy, competition is still far more
restricted than is ideal?
Which of the following is true of a They monitor prices.
government of a capitalist nation?
Which of the following theorists point out conflict
that although pure monopolies are not a
basic element of the economy, competition
is still much more restricted than one might
expect?
an economic system under which the means of production and distribution are
Socialism is defined as
collectively owned
In which type of economic system is the socialism
laissez-faire philosophy rejected and the
central government, acting as a
representative of the people, makes basic
economic decisions?
Socialist societies differ from capitalist the provision of social service programs.
societies in their commitment to
The United States has considered a national socialism
health care system that would guarantee
medical care to all citizens as a basic human
right. The government's involvement in
providing health care for all citizens is
characteristic of which type of economic
system?
Which term do we use to refer to an communism
economic system under which all property is
communally owned, and no social
distinctions are made on the basis of
people's ability to produce?
all property is communally owned and no social distinctions are made on the basis of
Communism is an economic system in which
people's ability to produce.
Moses is working on a kibbutz in Israel communism
where all the members have the same
standard of living and they equally divide
the profits from the citrus crop that is the
primary source of income for the community.
This kibbutz is an example of which type of
economic system?
Transfers of money, goods, or services that an informal economy.
are not reported to the government are
indicative of
Trading a haircut for a computer lesson is an an informal economy.
example of
SOCI 1301 Chapter Homework (Economic System and Changes)
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SOCI 1301 Chapter Homework (Economic System and
Changes)
Jeremiah
Terms in this set (51)
The sociocultural evolution approach economy
developed by Gerhard Lenski categorizes
preindustrial societies according to the way
in which the _____ is organized.
Which type of society relies chiefly on industrial society
mechanization for the production of its
economic goods and services?
A society such as France or Italy that has an industrial
economy based on the production of goods
in factories through mechanization would be
an example of a(n) _____ society.
What are the two types of economic systems capitalism and socialism
that are seen in contemporary societies?
the means of production are largely in private hands, and the main incentive for
Capitalism is an economic system in which
economic activity is the accumulation of profits.
Laissez-faire refers to a form of _____ under capitalism
which people compete freely with minimal
government intervention in the economy.
Monopoly is the control of a market by a single business firm.
For many years, there was only one long- monopoly.
distance telephone company in the United
States—the American Telephone and
Telegraph Company. This company was an
example of a(n)
A particular computer software monopoly.
manufacturer creates a product that all
computers are required to use. The exclusive
product allows the manufacturer to dictate
SOCI 1301 Chapter Homework (Economic System and Changes)
prices, standards of quality, and product
availability. This would be an example of a(n)
1/5
, 8/4/24, 3:09 PM
Which sociological perspective would most conflict perspective
likely suggest that although pure
monopolies are not a basic element of the
U.S. economy, competition is still far more
restricted than is ideal?
Which of the following is true of a They monitor prices.
government of a capitalist nation?
Which of the following theorists point out conflict
that although pure monopolies are not a
basic element of the economy, competition
is still much more restricted than one might
expect?
an economic system under which the means of production and distribution are
Socialism is defined as
collectively owned
In which type of economic system is the socialism
laissez-faire philosophy rejected and the
central government, acting as a
representative of the people, makes basic
economic decisions?
Socialist societies differ from capitalist the provision of social service programs.
societies in their commitment to
The United States has considered a national socialism
health care system that would guarantee
medical care to all citizens as a basic human
right. The government's involvement in
providing health care for all citizens is
characteristic of which type of economic
system?
Which term do we use to refer to an communism
economic system under which all property is
communally owned, and no social
distinctions are made on the basis of
people's ability to produce?
all property is communally owned and no social distinctions are made on the basis of
Communism is an economic system in which
people's ability to produce.
Moses is working on a kibbutz in Israel communism
where all the members have the same
standard of living and they equally divide
the profits from the citrus crop that is the
primary source of income for the community.
This kibbutz is an example of which type of
economic system?
Transfers of money, goods, or services that an informal economy.
are not reported to the government are
indicative of
Trading a haircut for a computer lesson is an an informal economy.
example of
SOCI 1301 Chapter Homework (Economic System and Changes)
https://quizlet.com/545672564/soci-1301-chapter-homework-economic-system-and-changes-flash-cards/ 2/5
