Which of the following is a characteristic of the capitalist system that contributes to the persistence of poverty?
A) Employers keeping wages so low that many full-time workers live below the poverty line
B) The practice of ensuring high wages, which requires that there be a surplus of unemployed laborers
C) Employers making investment decisions while consulting their employees
D) Corporate profits being diverted into employee retirement programs, so they do no good immediately.
Answer: A
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General customs and practices that are found in every culture are called
A. cultural integration. B. cultural diffusion. C. cultural universals. D. cultural relativism.
Practice of government not interfering with the free play of economic forces:
A) free-market B) laissez-faire C) invisible hand D) economic planing
The social institution that determines how a society produces, distributes, and consumes goods and services is known as:
a. the economy. b. politics. c. the state. d. capitalism. e. the invisible market hand.
Over two-thirds of Americans think religion can solve all or most of society’s problems.
Answer the following statement true (T) or false (F)