Economics MCQs

Page No. 90

In an open or class society_________________?


a status is always achieved

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b status is always ascribed

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cstatus is both achieved and ascribed

✓


dstatus has no importance

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The objective approach to determine social class membership is based on________________?


aincome

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b years of education

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cprestigious position

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dall of the above

✓


View Answer all of the above

Among the factors that favor individual mobility are_________________?


alate marriage

✓


brural residence

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cone of many children

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dnone of the above

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View Answer late marriage

Open stratification systems are associated with__________________?


aindustrialization

✓


bagriculture

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cpastoralism

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dhunter-gatherers

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View Answer industrialization

The mechanism of the market system provides for________________?


athe content and flow of goods and services to take place without any fixed plan

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bbuyers and sellers not needing to know how the market works in order to act in it

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cthe economy to function so that all participants derive some satisfaction

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dall of the above

✓


View Answer all of the above

Which of the following groups determine market transactions ?


aHouseholds firms and central authorities

✓


b Producers distributors consumers

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c The executive legislative and judicial departments

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d none of the above

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Power is_________________?


a the most important feature of stratification

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brestricted to a small elite in traditional societies

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cwidely distributed and diffused in industrial societies

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dall of the above

✓


View Answer all of the above

Martin Luther king,s status was based on his_____________?


awealth

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bproperty

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csocial influence

✓


dcolor

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View Answer social influence

Max Weber believed that_______________?


aproperty was the only determinant of class

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bclass was based on exploitation of the masses

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c class is closely related to life chances

✓


dsocieties should have at least three classes

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Marx,s view of social class is that______________?


aprivate ownership of the means of production perpetuates class divisions

✓


btalented people will always rise to the top

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creligion helps fight social inequality

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dthe bourgeoisie will eventually triumph

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