Chapter 4 Test Capitalism

A  monopolies control almost all areas of economic life.

B  the outsourcing of jobs.

C  the widespread existence of government subsidies and protective tariffs.

D  so many small companies go bankrupt.

A  TRUE

B  FALSE

A  Mexico is the place to work.

B  the United States is in trouble.

C  the US economy will create new jobs.

D  manufacturing will make a comeback.

A  profitable to them.

B  meaningless to them.

C  tireless.

D  expensive to them.

A  only workers who are poorly paid in a capitalist system are alienated.

B  the means of production should be placed under the control of the bourgeoisie.

C  capitalism leads to a concentration of property and thus a concentration of resources and power in relatively few hands.

D  socialism will eventually be replaced by financial capitalism.

A  TRUE

B  FALSE

A  TRUE

B  FALSE

A  TRUE

B  FALSE

A  TRUE

B  FALSE

A  FALSE

B  TRUE

A  make nearly all crucial parts.

B  prefer their own production base and not a network of small operators both foreign and domestic.

C  outsource and likely produce only the package and the label .

D  increase their manufacturing operations in the U.S.

A  get education.

B  win the lottery.

C  travel abroad.

D  be with their families.

A  FALSE

B  TRUE

A  FALSE

B  TRUE

A  workers are alienated from their products, but not from themselves or other people.

B  capitalism no longer exploits workers.

C  under capitalism workers are alienated in several ways.

D  industrialization does away with alienation.

A  TRUE

B  FALSE

A  FALSE

B  TRUE

A  must be checked by competition if society is to benefit.

B  is a fundamental feature of all societies.

C  is no longer a key feature of capitalism.

A  Within a capitalist economic system, the activity of labor is an end in itself and, as a result, has intrinsic value.

B  Only workers who are poorly paid for their labor are alienated.

C  It is only within a capitalist economic system that workers are not alienated from the products of their labor.

D  Labor is alienated in a capitalist economic system (in part) because, in such a system, the labor of a worker undermines the ability of the worker to function autonomously.

A  industrial

B  financial

C  mercantile

D  state welfare

A  terrorist attacks.

B  depression.

C  ease.

D  economic extortion.

A  FALSE

B  TRUE

A  TRUE

B  FALSE

A  TRUE

B  FALSE

A  FALSE

B  TRUE