Work and the Economy Quiz

A  Occupy Wall Street is positive; our capitalist economy is only making social inequality grow larger.

B  Occupy Wall Street is a threat; with so many angry people gathered in one place, horrible violence will surely break out.

C  Occupy Wall Street is dangerous; large crowds in these environments heighten the risk for sexual abuse and gender discrimination.

D  Occupy Wall Street is a waste of time; our capitalistic economy is keeping our nation healthy, and is designed for maximum efficiency.

A  After college graduation, Marcus could only find work part-time as a bartender.

B  After his wife gave birth to twins, Jerry quit his job to help raise them.

C  When John’s sales job is outsourced he’s forced to take work as a janitor to pay off his student loans.

D  Following the recession, Ellen lost her fulltime job as a PR assistant and found part-time work as a cosmetic sales associate.

A  Economic sling-shot recovery

B  Depression

C  Recession

D  Capital rebuttal

A  Farming, Fishing, and Forestry

B  Healthcare

C  Financial

D  Community and Social Service

A  Unemployment is down for those with PhDs and those without a high school education.

B  The job market is increasing in the lowest economic levels, and is increasing in the highest economic levels.

C  A professional career is guaranteed after earning a college degree.

D  The recession has encouraged many workers to earn their associate degrees.

A  Global commodity chain

B  Xenophobia

C  Global assembly line

D  Decisive export

A  Bartering

B  Supply and demand

C  Capitalism

D  Mercantilism

A  It allowed freer trade opportunities for the United States, Canada, and Mexico.

B  It restricted trade within North American countries by imposing a heavy tax and tariffs.

C  It forbade trade with any country that didn’t use a capitalist government.

D  It encouraged trade with North Korea, which had previously been embargoed.

A  An economic system which adheres to the principles of socialism.

B  A benefit given to those who participate in the capitalist market.

C  An activity that benefits people, such as health care, education, and entertainment.

D  A physical object we find, grow, or make to meet our needs and those of others.

A  Outsourcing

B  Polarization

C  Automation

D  The technology gap