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- What does it mean to say that Jen has a comparative advantage overJulian for weeding people's gardens?
- How does the Commerce Clause promote economic interdependence?"The Congress shall have Power to . .. regulateCommerce ... among the severalStates." -Article I, Section 8, U.S.Constitution
- In the circular flow diagram, which of the following is true in the product market?
- An example of an income pavment is wages. These are paid in exchange for:
- T/F: With the spread of industrialization, the existence of indigenous economies, ecologies, and populations has become threatened all over the world.
- Under the Constitution what is one power NOT delegated (given) to the federal government?
- T/F: Neoliberalism refers to a revival of Adam Smith's classic economic liberalism, which suggests that governments should not regulate private enterprise and that free market forces should rule.
- T/F: The United States originally started out as a peripheral nation, but by 1900 it had asserted itself as a member of the industrialized core.
- T/F: Life within states in the periphery is characterized by high percentages of poverty and frequent food shortages brought on by a high level of social stratification between a small number of large landowners and large numbers of landless workers.
- T/F: According to Wallerstein, the nations in the world system can be classified into three types: core, periphery, and frontier.
- T/F: Belgian colonial administrators were careful to use culturally significant differences to distinguish between the Hutus and Tutsis.
- T/F: The Industrial Revolution did not begin in France, because the French domestic manufacturing system could produce satisfactorily without innovating.
- Which of the following organizations has developed into a forum for settling international trade disputes?
- T/F:The distinction between small- c communism and large- C Communism is not important for understanding the application of social and political systems of wealth distribution.
- T/F: Higher wages and improved benefits for workers in core states are possible because an added surplus from the periphery enables companies in core states to maintain high profit margins.
- Social and political modernization has strengthened engagement citizenship
- T/F: Many of the political, linguistic, religious, and economic distinctions among the countries of West Africa today are artifacts of colonialism.
- T/F: Colonialism refers to the solicitation by peripheral countries of political and financial assistance from core nations.
- T/F: One consequence of the ongoing globalization of work and migration is that skilled Western workers must now compete against well-educated workers in such low-wage countries as India, where an experienced software programmer earns one-fifth the average salary of a comparable U.S. worker.
- T/F: According to Karl Marx, the bourgeoisie is made up of the people who must sell their labor to survive.