Question 1

From a structural functionalist viewpoint, the positions most important to the functioning of society should gain the most in terms of income and prestige. This is a(n)  ______.

Accepted Answer

A)   meritocracy
B)   capitalist utopia
C)   socialist society
D)   elite theory

Question 2

All social institutions have advantages and disadvantages that create social stratification. These advantages and disadvantages are called ______.

Accepted Answer

A)   systemic accumulation
B)   fixed organization
C)   structured inequalities
D)   structured variables

Question 3

Structural mobility occurs as a result of changes in the economy that create or end jobs for workers.

Accepted Answer

A) True 
 B)False

Question 4

According to Marx, what is the key to wealth?

Accepted Answer

A)   investing wisely
B)   controlling the means of production
C)   making a good living
D)   a large inheritance

Question 5

How can wealth inequality be more pervasive than income inequality?

Accepted Answer

A)   It is based on current employment opportunities.
B)   It accumulates from one generation to the next.
C)   It is based on gross rather than net pay.
D)   It includes the value of benefits like health insurance.

Question 6

A recent graduate from Harvard medical school is the first child in his economically disfranchised home to receive a college degree. His talents have allowed him to enter a prestigious medical practice where he earns a large income. This is an example of ______.

Accepted Answer

A)   oligarchy
B)   meritocracy
C)   democracy
D)   socialism

Question 7

In Marx's conflict theory, those who owned the means of production were called ______.

Accepted Answer

A)   the elite
B)   the bourgeoisie
C)   the proletariat
D)   the capitalists

Question 8

Wealth refers to all earnings during a lifetime.

Accepted Answer

A) True 
 B)False

Question 9

Intergenerational mobility occurs as an individual experiences a change in social class during their lifetime.

Accepted Answer

A) True 
 B)False

Question 10

Which of these is an individual experiencing upward mobility?

Accepted Answer

A)   A college graduate from a working-class family becomes a supervisor in a factory.
B)   A woman works in business management until she has children and decides to stay home.
C)   A man graduates from law school so he can become an attorney like his father.
D)   An individual from a working-class family loses his factory job, but goes back to school to become an accountant.

Question 11

Millennials are the only generation in which income has kept up with increasing rental and housing costs.

Accepted Answer

A) True 
 B)False

Question 12

The form of social stratification prevalent in the United States is the ______ system.

Accepted Answer

A)   estate
B)   caste
C)   serf
D)   class-based

Question 13

Society is based on a hierarchy organized according to social status and prestige, called ______.

Accepted Answer

A)   social stratification
B)   forced inequality
C)   structured advantage
D)   meritocracy

Question 14

Which social system confines individuals to a social group for life and sets strict parameters for relationships between these different social groups?

Accepted Answer

A)   caste system
B)   estate system
C)   class-based system
D)   gender stratification system

Question 15

Ronald Reagan's economic policies that cut corporate taxes and weakened regulations on businesses in the belief that it would benefit workers was called ______ economics.

Accepted Answer

A)   laissez-faire
B)   capitalist
C)   trickle down
D)   welfare

Question 16

Nations in the EU have higher tax rates but better social support programs than the United States.

Accepted Answer

A) True 
 B)False

Question 17

What is the Gini coefficient?

Accepted Answer

A)   a measure of wealth inequality
B)   a correlation between wealth and income
C)   a measure of the causes of income disparities
D)   a measure of income inequality

Question 18

Max Weber's theory about class position focused on ______.

Accepted Answer

A)   control of the means of production
B)   salary and benefits
C)   a person's own skills and social standing
D)   inherited status

Question 19

Which statement about college achievement is true?

Accepted Answer

A)   There is an achievement gap between students at the top and the bottom of the economic pyramid.
B)   The most important factor for achievement is the willingness to work hard; it's not where you start, it's where you finish that matters.
C)   Test scores for high and middle income students are comparable, but they fall off for lower income students.
D)   Students from middle income families are the most likely to attend and graduate from good colleges.

Question 20

What is the most extreme form of stratification in that it offers no chance for mobility?

Accepted Answer

A)   the estate system
B)   slavery
C)   the serf system
D)   the class-based system

Exam 7: Confronting Economic Inequality

Millennials are the only generation in which income has kept up with increasing rental and housing costs.

Correct AnswerverifiedShow Answer

What is the most extreme form of stratification in that it offers no chance for mobility?

Correct AnswerverifiedShow Answer

All social institutions have advantages and disadvantages that create social stratification. These advantages and disadvantages are called ______.

Correct AnswerverifiedShow Answer

Society is based on a hierarchy organized according to social status and prestige, called ______.

Correct AnswerverifiedShow Answer

What is the Gini coefficient?

Correct AnswerverifiedShow Answer

Which social system confines individuals to a social group for life and sets strict parameters for relationships between these different social groups?

Correct AnswerverifiedShow Answer

From a structural functionalist viewpoint, the positions most important to the functioning of society should gain the most in terms of income and prestige. This is a(n) ______.

Correct AnswerverifiedShow Answer

Which statement about college achievement is true?

Correct AnswerverifiedShow Answer

A recent graduate from Harvard medical school is the first child in his economically disfranchised home to receive a college degree. His talents have allowed him to enter a prestigious medical practice where he earns a large income. This is an example of ______.

Correct AnswerverifiedShow Answer

Nations in the EU have higher tax rates but better social support programs than the United States.

Correct AnswerverifiedShow Answer

Wealth refers to all earnings during a lifetime.

Correct AnswerverifiedShow Answer

According to Marx, what is the key to wealth?

Correct AnswerverifiedShow Answer

In Marx's conflict theory, those who owned the means of production were called ______.

Correct AnswerverifiedShow Answer

Structural mobility occurs as a result of changes in the economy that create or end jobs for workers.

Correct AnswerverifiedShow Answer

Max Weber's theory about class position focused on ______.

Correct AnswerverifiedShow Answer

Intergenerational mobility occurs as an individual experiences a change in social class during their lifetime.

Correct AnswerverifiedShow Answer

How can wealth inequality be more pervasive than income inequality?

Correct AnswerverifiedShow Answer

Which of these is an individual experiencing upward mobility?

Correct AnswerverifiedShow Answer

The form of social stratification prevalent in the United States is the ______ system.

Correct AnswerverifiedShow Answer

Ronald Reagan's economic policies that cut corporate taxes and weakened regulations on businesses in the belief that it would benefit workers was called ______ economics.

Correct AnswerverifiedShow Answer

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