Discuss the effects of globalization on the economy.
What will be an ideal response?
Answers will vary. Globalization refers to the growth and spread of investment, trade, production, communication, and new technology around the world. Proponents argue that everyone benefits from globalization because it creates millions of jobs and brings affordable goods and services to millions of people around the world. Critics contend that while globalization has improved the living standards of millions of workers in developing countries, it has reduced the number of workers in Western economies. They also maintain that, by and large, globalization benefits only the world's most powerful transnational corporations: It increases their profits by expanding their worldwide base of consumers, exploits poor people in developing countries, creates greater income inequality between workers and the global elite, and gives corporations unprecedented political power.
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According to Arlie Hochschild, when working wives come home from work and continue to pursue homemaking and childcare responsibilities, they work a "second shift."
Indicate whether the statement is true or false
Which of the following is not one of the patterns of homogamy in the U.S.?
a. age b. race c. religion d. social status e. family of origin
The study of who people associate with, how those choices are made, and the effects of those choices on social structure and individual personality is called:
a. associational analysis b. ethnomethodology c. latent structural analysis d. social network analysis
Prestige and respect are examples of
a. social exchange b. market exchange c. market determinism d. conspicuous multiplication