Sociological Perspectives
What is career inheritance?
This concept explains how children tend to enter the same or similar occupations as their parents due to socialization of that occupation's norms and values.
What is Market Socialism?
A subtype of Socialism that adopts some aspects of Capitalism.
What is the Industrial Revolution?
Technological advancements during this event led to manual labor being replaced by machine labor
What are global assembly lines?
What are global assembly lines?This describes the process in which products are assembled throughout multiple international transactions (Apple products are made this way).
What is Automation of the Workplace?
This term describes how workers are increasingly being replaced by technology.
What is Functionalism?
This paradigm views the economy as a well-oiled machine whose health contributes to the overall health of society.
What is Capitalism?
What is Capitalism?Economic system in which there is private ownership and a motive for profit.
What is the 2008 Recession?
What is the 2008 Recession?This economic downturn, the worst since the Great Depression was caused by aggressive lending practices and risky investing behavior.
What is Xenophobia?
The illogical hatred of foreigners or foreign goods.
What is the American Dream?
A myth based on the idea of opportunities and ambition leading to economic success in a particular North American country.
What is the Davis-Moore thesis?
An idea that suggests that come stratification is a social necessity.
Who is Karl Marx?
This thinker, a conflict theorist, analyzed class struggle in his work The Communist Manifesto.
What is the Agricultural revolution?
What is the Agricultural revolution?People domesticated plants and animals during this revolution, leading to the development of the first true economies.
What is Globalization?
The process of integrating governments, cultures, and markets through international trade into a global market is known as this.
What are women?
This group of people has been increasingly entering the U.S. workforce in the past few decades, but are not paid equally for their work.
What is Conflict Theory?
This perspective argues that the economy perpetuates equality.
What is Socialism?
Economic system in which the government/society collectively owns the means of production and the goods produced.
What is the COVID-19 Pandemic?
During this recent event, unemployment levels reached a historic high.
What is Convergence Theory?
A theory that suggests that societies become more similar as their economies develop.
What is underemployment?
It's not unemployment, but this phenomenon occurs when an individual accepts a lower-paying job with a lower status than what they are qualified for.
What is Symbolic Interactionism?
A sociologist in this paradigm might investigate the economy in terms of career inheritance and job satisfaction.
What is Mutualism?
What is Mutualism?A form of Socialism where goods and services are exchanged on the basis of being beneficial for all parties involved.
What is Information?
This is the most valuable good in Postindustrial societies.
What is the North American Free Trade Agreement (NAFTA)?
This was an agreement between the U.S., Canada, and Mexico that encouraged trade among the nations without restrictive laws and tariffs.
What is the Bureau of Labor Statistics (BLS)?
The organization that monitors, analyzes, and reports economic and employment trends in the U.S.