All Free Economics MCQs with Answers

• A. psychology
• B. geology
• C. sociology
• D. none of the above

Explanation: Sociology studies human social groups, institutions, and patterns of group behavior.

• A. government
• B. state
• C. power
• D. all of the above

Explanation: Political science examines government and the state, as well as how power is acquired and exercised within them.

• A. genetics
• B. geography
• C. chemistry
• D. physiology

Explanation: Geography studies people, places, and their interaction with the natural environment.

• A. primitive people only
• B. prehistoric people only
• C. modern peoples only
• D. none of the above

Explanation: Anthropology studies human beings and cultures across both past and present societies, not only primitive, prehistoric, or modern peoples.

• A. scholars emphasized the supernatural
• B. scholars denied the possibility of a scientific study of humans
• C. a number of scholars believed human social life could be studied scientifically
• D. none of the above

Explanation: The Enlightenment promoted reason and empirical inquiry, encouraging scholars to treat human social life as something that could be…

• A. firm
• B. household
• C. market
• D. product

Explanation: A firm combines land, labour, capital and entrepreneurship to produce goods or services, deciding how resources should be used.

• A. the content and flow of goods and services to take place without any fixed plan
• B. buyers and sellers not needing to know how the market works in order to act in it
• C. the economy to function so that all participants derive some satisfaction
• D. all of the above

Explanation: The market mechanism coordinates production and exchange through prices rather than one central plan, and participants can act without…

• A. the most important feature of stratification
• B. restricted to a small elite in traditional societies
• C. widely distributed and diffused in industrial societies
• D. all of the above

Explanation: Power is a major basis of social stratification, tends to be concentrated among elites in traditional societies, and is more widely…

• A. wealth
• B. property
• C. social influence
• D. color

Explanation: Martin Luther King Jr. gained status mainly through social influence as a civil-rights leader, not through wealth, property, or racial…

• A. property was the only determinant of class
• B. class was based on exploitation of the masses
• C. class is closely related to life chances
• D. societies should have at least three classes

Explanation: Weber linked class position to life chances, meaning a person's opportunities to obtain income, education, employment, and other…

• A. private ownership of the means of production perpetuates class divisions
• B. talented people will always rise to the top
• C. religion helps fight social inequality
• D. the bourgeoisie will eventually triumph

Explanation: Marx argued that private ownership of the means of production divides society into classes such as the bourgeoisie and proletariat.

• A. nature demands the existence of social classes
• B. there is a limited number of skilled talented people thus they should be rewarded
• C. resources are plentiful so there is enough for all
• D. people were not meant to work

Explanation: Structural functionalism, especially the Davis-Moore view, holds that societies have a limited supply of highly skilled or talented…

• A. resources belong to all the people
• B. only the strongest persons should control the resources of a society
• C. the weak shall inherit the earth
• D. natural selection was a hoax

Explanation: Social Darwinists applied the idea of survival of the fittest to society and argued that the strongest or most capable should dominate…

• A. age
• B. sex
• C. wealth
• D. all of the above

Explanation: Social ranking can be influenced by age, sex, and wealth, depending on the society and its norms.

• A. coercion
• B. violence
• C. power
• D. force

Explanation: Power is the capacity to influence or control another person's or group's actions, even without that person's consent.

• A. illness
• B. abnormality
• C. mental defects
• D. all of the above

Explanation: The medical model treats deviance as arising from an individual condition such as illness, abnormality, or mental defect.

• A. neuroses
• B. sociopathology's
• C. psychoses
• D. all of the above

Explanation: Psychoses are severe mental disorders involving a substantial loss of contact with reality and may require hospitalization or…

• A. were popular during the first half of the 20th century
• B. agree on the causes of deviance
• C. are strongly supported scientifically
• D. explain all types of deviance

Explanation: Biological explanations of deviance were especially influential in the first half of the twentieth century, although modern research does…

• A. considered normal by some antisocial individuals
• B. caused by abnormal chromosomes
• C. learned through interaction with others
• D. the result of social deprivation

Explanation: Differential association theory holds that deviant behavior is learned through interaction with others, including learning techniques and…

• A. illegal drug use
• B. Copyright infringement
• C. Prostitution
• D. Truancy

Explanation: Truancy refers to a child's unauthorized absence from school, so it normally cannot be committed by an adult.