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Chapter Quiz
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1

According to Aristotle, the ultimate goal of life was happiness.
A)True
B)False
2

The ancient Greeks believed that when one person accumulated wealth, this was a subtraction from the wealth of all other persons.
A)True
B)False
3

Progressive activists want to regulate corporate power so that the economic system advances human welfare.
A)True
B)False
4

Activists, by definition, are people who do not take action.
A)True
B)False
5

Radical nonsocialists share a specific theory of what is wrong and what should be done to correct the ills of society.
A)True
B)False
6

A preindustrial society in which economic, political, and cultural values are based on an agricultural experience is known as a(n) _______ society.
A)postmodern
B)modern
C)manufacturing
D)agrarian
7

When price is determined by supply and demand without moral dimensions, this is called a(n) _____ price.
A)usury
B)market
C)just
D)unjust
8

The distance between how the public expects corporations to act and its perception of how they actually do act is known as a(n):
A)confidence gap.
B)material gap.
C)idea gap.
D)all of the above
9

Who is a prominent spokesperson in the U.S. for the progressive activists?
A)Bill Gates
B)Colin Powell
C)Ralph Nader
D)All of the above
10

Which of the following is a common tactic of the progressive activists?
A)Letter writing
B)Lobbying
C)Editorial writing
D)All of the above
11

When a group of progressive activists makes a public statement by not purchasing the products of a specific company as a protest against the way in which the company does business, this is called a(n):
A)shareholder proposal.
B)consumer boycott.
C)harassment.
D)all of the above.
12

When a coalition of groups undertakes a broad attack on a corporation to try to force the corporation to change the way it does business, this is called a(n):
A)consumer boycott.
B)shareholder proposal.
C)corporate campaign.
D)harassment.
13

The idea that some people purchase expensive material possessions as a way of competing with their neighbors is known as:
A)conspicuous consumption.
B)a shareholder proposal.
C)harassment.
D)corporate greed.
14

The idea that the ills of capitalism cannot be reduced sufficiently by gradual reform but most be replaced is a basic premise of:
A)socialists.
B)trade associations.
C)environmentalists.
D)the media.
15

Critics who want to overthrow the basic principles of industrial society are called:
A)capitalists.
B)radical nonsocialists.
C)social democrats.
D)all of the above
16

In 1850, America was largely:
A)rural.
B)agrarian.
C)a collection of small, local businesses.
D)all of the above.
17

A worldwide movement to limit corporate power and to reform corporate behavior is known as the:
A)social democrats.
B)progressive activists.
C)socialists.
D)communists.
18

In an agrarian society, which values are based on an agricultural experience?
A)Political
B)Cultural
C)Economic
D)All of the above
19

According to ______, happiness is the ultimate goal of life.
A)Stalin
B)Plato
C)Aristotle
D)Marx
20

According to Aristotle, material possessions and money were called:
A)external goods.
B)goods of the soul.
C)the highest goals of life.
D)none of the above.







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