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Sociology 2510
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Three technological revolutions
1. agricultural revolution
2. industrial revolution
3. information revolution
agricultural revolution
- 50x more productive then hunting and gathering
- 4 factors - agricultural tech. specialized work, permanent settlements, and trade
- created cities and urban areas
industrial revolution
benefits were shared unequally
ex. factory owners w/ fortunes while industrial workers lived in poverty
post industrial economy
a productive system based on service work and high technology
information revolution
introduced new kind of products and new forms of communication
global economy
economic activity that crosses national borders
Capitalism
economic system where natural resources and the means of producing goods are privately owned
Adam Smith
claimed as individuals pursue self interest, entire society prospers
Socialism
economic system in which natural resources and the means of producing goods and services are collectively owned
Czech Republic
recently moved to a capitalist society and is doing relatively well
T/F
Socialism
READ 334-335
T/F
labor force-agriculture
agricultural labor forch has dropped to 1.6% in 2009.
The family farm has been replaced by
corporate agribuisness
T/F
Blue Collar Work
a century ago industrialization swelled the rank of blue collar workers but by 1950 white collar had moved most workers
T/F
Computers
Coputers are deskilling labor and can have possible failures
T/F
Conglomerates
Giant Corporations composed of many smaller corp.
linked because they own each others stock
T/F
Oligopoly
domination of a market by a few producers
T/F
Large Corporations in U.S.
Exxon Mobile + Walmart
T/F
Charismatic Authority
power legitimized by the extraordinary personal qualities
T/F
Absolute Monarchies
During the middle ages
claimed a monopoly of power based on divine right
T/F
Constitutional Democracy-Monarchy
Nobility reigns, but elected officials actually rule (constitutional monarchy)
Author
jessewarner1
ID
145236
Card Set
Sociology 2510
Description
study guide questions
Updated
2012-04-02T16:04:52Z
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