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Student Quizzes
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1
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)generic
D)agrarian
2
When price is determined by supply and demand without moral dimensions, it is called a(n):
A)computed price.
B)market price.
C)fair price.
D)just price.
3
A price for wares that is charged by merchants which incorporates a modest profit adequate enough to maintain them in the social station to which they were born is known as:
A)market price.
B)computed price.
C)just price.
D)equilibrium price.
4
Protestant ethic is:
A)the rebirth of the philosophy of economic liberalism.
B)the force or strength to act or to compel another entity to act.
C)the belief that hard work and adherence to a set of virtues would bring wealth and God’s approval.
D)a coalition of groups united by opposition to economic globalization dominated by trade liberalization.
5
A political reform movement that arose among farmers in the late 1800s which blamed social problems on the industry and sought radical reforms such as government ownership of railroads is the:
A)antiglobalism movement.
B)socialist movement.
C)progressive movement.
D)populist movement.
6
When a system is ruled by people who are wealthy, it is a(n):
A)theocracy.
B)plutocracy.
C)monarchy.
D)autocracy.
7
A turn-of-the century political movement that associated moderate social reform with progress is the:
A)socialist movement.
B)antiglobalism movement.
C)progressive movement.
D)populist movement.
8
A classless social system in which property is collectively owned and income from labor is equally and indiscriminately divided among members is:
A)socialism.
B)capitalism.
C)imperialism.
D)progressivism.
9
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)info-gap.
10
The political and social reformers in the U.S. at the beginning of the 20th century who wanted to enact reforms through the government were called the:
A)old Progressives.
B)plutocrats.
C)new Progressives.
D)socialists.
11
Members of left-leaning groups who sought to carry out more radical corporate reforms through direct action at the beginning of the 20th century were called the:
A)socialists.
B)new Progressives.
C)plutocrats.
D)old Progressives.
12
All of the following statements are true of the progressive left movement EXCEPT:
A)it is highly articulated and specialized.
B)it has a network structure that includes leftist philanthropic and legal foundations.
C)it has entities that are specialized, creating an organizational symbiosis.
D)it is knit together only by shared ideology.
13
Which of the following is a coalition of groups united by opposition to economic globalization dominated by corporations and trade liberalization?
A)Populist movement
B)Progressive movement
C)Antiglobalism movement
D)Socialist movement
14
A term that denotes both the ideology of using markets to organize society and a set of policies to free markets from state intrusion is:
A)populism.
B)neoliberalism.
C)progressivism.
D)capitalism.
15
_____ had faith that free markets would lead to positive social outcomes and to human progress.
A)Liberals
B)Populists
C)Neo-fascists
D)Capitalists
16
All of the following statements are true of economic liberalism EXCEPT:
A)it perceives the market as another sphere of individual freedom.
B)it was defined by Adam Smith’s vision of laissez-faire capitalism.
C)it sanctified the pursuit of individual self-interest in markets free from state interferences.
D)it was a political reform movement that arose among American farmers in the late 1800s.
17
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, it is called:
A)shareholder proposal.
B)consumer boycott.
C)harassment.
D)racketeering.
18
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, it is called:
A)a consumer boycott.
B)racketeering.
C)a corporate campaign.
D)hazing.
19
The Social Accountability 8000, created by organizations in the worldwide campaign against sweatshop labor, is an example of:
A)social contracts.
B)corporate campaigns.
C)codes of conduct.
D)advocacy groups.
20
Advocacy groups:
A)tap the deep cynicism in public opinion to build anger against the corporate target.
B)have unlimited memberships.
C)are accountable to a broad base of voters.
D)are willing to accept as responsible corporate behavior that is guided merely by laws.





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