All Free Economics MCQs with Answers

• A. how one performs one,s job
• B. how long one lives
• C. how much stress one experiences
• D. only B and C

Explanation: Social position affects life chances, including expected longevity and exposure to stress, through differences in income, security, health…

• A. structural mobility of a negative sort
• B. horizontal mobility
• C. intragenerational mobility
• D. status ambiguity

Explanation: Structural mobility occurs when changes in the economy alter the number or type of available positions; eliminating whole job categories…

• A. offer ways to end inequality
• B. answer the of what causes inequality
• C. agree that inequality is an evil
• D. offer two different ways of looking at inequality

Explanation: Functionalist and conflict theories provide contrasting explanations of inequality, so they offer different ways of viewing stratification…

• A. resulting from class struggles
• B. effects of the law of nature
• C. mechanisms of coercion
• D. BOTH coercive and resulting from class struggles

Explanation: Conflict theorists connect stratification to class struggle and coercion, arguing that dominant groups use social institutions to preserve…

• A. Class status and power
• B. Family background attractiveness wealth
• C. Talent service goodness
• D. Caste estate feudalism

Explanation: The main Weberian dimensions of stratification are class, status and power.

• A. usually do not worry about it
• B. tend to suffer more frustration and dissatisfaction than those whose status is consistent
• C. work hard to accumulate wealth to make up for it
• D. willingly accept a lower status in return for social recognition

Explanation: Status inconsistency occurs when a person's rankings in class, status or power do not match, such as high education but low income.

• A. be the strongest in mind and body
• B. carry out one,s wishes in spite of resistance
• C. gain consent
• D. do as one pleases

Explanation: Weber defined power as the ability to impose one's will in a social relationship despite resistance.

• A. life style approach
• B. reputational approach
• C. subjective approach
• D. occupational prestige and socioeconomic status(SES)

Explanation: Occupational prestige and socioeconomic status are widely used objective indicators of social class.

• A. technological changes only
• B. lack of work ethic
• C. patterns of prejudice and technological change
• D. discrimination only

Explanation: Poverty can be reinforced by prejudice and discrimination, while technological change can eliminate some jobs or reduce demand for certain…

• A. firm to firm
• B. household to firm to consumer and back again
• C. government to consumer
• D. firm to consumer

Explanation: The circular flow describes households supplying resources to firms and receiving income, while firms supply goods and services to…

• A. Large consumer purchasing power
• B. Elastic demand
• C. Inelastic demand
• D. Inferior products

Explanation: With elastic demand, consumers respond strongly to price changes, so sellers may need to reduce prices to attract buyers or increase total…

• A. who says that a football player is more important than a college professor?
• B. sons of talented persons are privileged even if they themselves lack talent
• C. is a stable society better than an unequal society?
• D. all of the above

Explanation: Structural functionalism is criticised for justifying inequality, treating existing social arrangements as necessary, and overlooking…

• A. inequality is the law of nature
• B. stratification must be legislated
• C. inequality results from exploitation
• D. none of the above

Explanation: Classical conservatives generally view hierarchy and unequal outcomes as natural or inevitable rather than as results of exploitation or…

• A. surplus
• B. shortage of everything
• C. equality
• D. capitalistic system

Explanation: A surplus allows some people to control or accumulate resources beyond immediate subsistence, creating differences in wealth, power, and…

• A. horizontal mobility
• B. vertical mobility
• C. intragenerational mobility
• D. inter structural mobility

Explanation: Moving from janitor to security guard without changing social rank is horizontal mobility, because the occupation changes while the…

• A. a high position in the stratification system
• B. a low position in the stratification system
• C. lack of talent
• D. lack of desire for an education

Explanation: Life chances refer to the opportunities people have for education, income, health, and security, and these generally worsen lower in the…

• A. classes are the result of different life styles
• B. status is also a phenomenon of stratification
• C. classes are determined by the relationship of a group in society to the means of production
• D. classes are composed of the have-nots who eventually revolt against the haves

Explanation: For Marx, class is rooted in a group's relationship to the means of production: owners form the bourgeoisie and non-owners form the…

• A. anomie
• B. labeling theory
• C. innovation
• D. differential association theory

Explanation: Cultural transmission theory explains deviance as learned through interaction with others, which is the central idea of differential…

• A. psychotherapy
• B. psychosurgery
• C. hypnotherapy
• D. electroconvulsive shock therapy

Explanation: Psychosurgery, including procedures such as lobotomy, was once used for severe mental disorders but was largely abandoned because of…

• A. anxiety or emotional tension producing physical symptoms
• B. purely imaginary physical problems
• C. bodily ailments creating mental disorder
• D. all of the above

Explanation: Psychosomatic illness occurs when anxiety or emotional stress produces genuine physical symptoms.