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Exam (elaborations)

SOCI Final Study Guide Questions with Complete Solutions

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SOCI Final Study Guide Questions with Complete Solutions

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SOCI Final Study Guide Questions with
Complete Solutions
Proverbial dangling carrot ✔✔Chasing something you can't always get. No one ever wins, mad
dash to acquire something



Creative class- ✔✔a category of workers in multiple occupations and industries united by the
fact that creativity is central to their productive work. It is in high demand by companies and, as
an extension, by cities and towns, which go to great efforts to attract them.



Universal Class ✔✔- class of people within a stratified society for which, at a given point in
history, self-interested action coincides with the needs of humanity as a whole.



Middle class- ✔✔a term commonly used to describe those individuals with non manual jobs
that pay significantly more than the poverty line —though this is a highly debated and
expansive category, particularly in the United States, where broad swaths of the population
consider themselves middle-class



Upper class ✔✔- a term for the economic elite



Is america a corporation- ✔✔-is a juristic person—an entity that has all the legal rights, duties,
and responsibilities of a person—and corporations structure economic life around the world.



What is a corporation, how does it function- ✔✔an entity that has all the legal rights, duties,
and responsibilities of a person—and corporations structure economic life around the world.



2 main functions of schools- ✔✔educate and socialize



Adams smith and what he says about competition- ✔✔argued that competition, driven by
people's inherent self-interest and drive to trade, helps maintain a cohesive society


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