All Free Economics MCQs with Answers

• A. reduced the need for unskilled or semi-skilled workers
• B. eliminated hardcore unemployment
• C. established a general trend toward the professionalization of everyone
• D. All of these

Explanation: The growth of the tertiary, or service, sector has reduced the relative demand for many unskilled and semi-skilled manufacturing jobs.

• A. clear everybody out
• B. capital employment outlay
• C. chief executive officer
• D. Caribbean Entrepreneurs Office

Explanation: CEO is the standard abbreviation for chief executive officer, the senior executive responsible for directing a company’s operations and…

• A. Welcomed minorities
• B. Were socialist
• C. Were horizontally organized
• D. All of the above

Explanation: Craft unions organise workers by a particular skill or occupation across workplaces, making them horizontally organised.

• A. Nissan Motors
• B. Mazda Motors
• C. Toyota Motors
• D. Mitsubishi Motors

Explanation: Japan’s lean production system was developed most famously by Toyota, particularly through its Toyota Production System.

• A. Craft method
• B. Assembly-line method
• C. Lean-production method
• D. Production-line method

Explanation: The earliest cars were built individually by skilled workers using the craft method.

• A. A type of money used in the Middle Ages
• B. Organizations dating back to the 10th century
• C. Kinds of labor unions
• D. Only b and c

Explanation: Guilds were medieval associations of merchants or craftspeople that regulated trades and protected members, appearing in Europe around the…

• A. the experience of the American Indians
• B. immigration from Europe
• C. moves of professionals from New York to Los Angeles
• D. the arrival of the Cuban middle class after Castro

Explanation: The Great Migration moved African Americans from the rural South toward urban industrial centers, much as European immigration supplied…

• A. structural discrimination
• B. individual discrimination
• C. nature of life
• D. personal discrimination

Explanation: Structural discrimination results from broad changes or institutional patterns that disadvantage a group, rather than from one person's…

• A. Democratic personality
• B. unprejudiced personality
• C. authoritarian personality
• D. totalitarian personality

Explanation: The authoritarian personality is associated with strong admiration for authority and power, conformity, and hostility toward people who…

• A. groups inherit certain traits that are inferior
• B. the dominant majority is the fittest from a Darwinian point of view
• C. minority groups should not have access to wealth and power
• D. all of the above

Explanation: Racism combines claims of inherited group superiority or inferiority with efforts to preserve the dominant group's power and resources.

• A. accommodation
• B. acculturation
• C. amalgamation
• D. assimilation

Explanation: Assimilation occurs when a minority is absorbed into the dominant culture, often losing much of its distinct identity.

• A. African Americans
• B. Hispanics
• C. Native Americans
• D. all of the above

Explanation: African Americans, Hispanics, and Native Americans have all experienced renewed ethnic or cultural consciousness in recent decades.

• A. clear-cut
• B. vague because of overlap of traits
• C. restricted to skin color
• D. done according to physical appearance

Explanation: Human racial categories are not sharply separated because physical traits overlap among populations and vary gradually.

• A. skin color
• B. common customs and /or identities
• C. genes
• D. eye shape

Explanation: An ethnic group is identified mainly by shared culture, customs, history, or a common sense of identity.

• A. attitudinal discrimination
• B. institutional discrimination
• C. cultural discrimination
• D. personal discrimination

Explanation: Attitudinal discrimination is discriminatory conduct arising from prejudiced beliefs or attitudes.

• A. Anglo-conformity
• B. melting pot
• C. ethnicity
• D. cultural pluralism

Explanation: Cultural pluralism supports the coexistence of distinct cultural identities rather than requiring minorities to assimilate.

• A. minorities are perceived as different
• B. minorities perceive themselves as different
• C. the dominant group has coercive power
• D. all of the above

Explanation: Conflict can arise when minorities are seen as different, when they identify themselves as different, and when the dominant group uses its…

• A. in the size of each group
• B. ethnic minorities do not suffer from discrimination but only from prejudice
• C. racial minorities differ biologically ethnic minorities differ culturally from the dominant group
• D. racial minorities have been here longer than ethnic minorities

Explanation: In the conventional textbook distinction, racial minorities are identified through perceived biological or physical differences, whereas…

• A. characteristic only of industrial societies
• B. a variable of the stratification system
• C. a biological rather than a social product
• D. the cross every individual must bear

Explanation: Group membership can affect access to status, income, power, and opportunities, making race, ethnicity, and religion variables in the…

• A. upper-middle class
• B. middle-middle class
• C. working class
• D. "new class"

Explanation: Craftsmen, foremen, secretaries, and similar office workers generally occupy lower-status paid employment and are placed in the working…