All Free Economics MCQs with Answers

Every Economics question in the bank, across all chapters, each with the correct answer and a written explanation. Free and unlimited, with no account needed.

4,037 questions · page 12 of 202

  • A. The Soviet Union
  • B. China
  • C. The United States
  • D. none of the above

Explanation: No listed society is completely free of social classes or unequal access to power and resources, even where governments officially claim…

Correct answer: none of the above
  • A. Estate
  • B. Class
  • C. Caste
  • D. Strata

Explanation: A caste system is a closed form of stratification in which social position is assigned by birth and movement between groups is highly…

Correct answer: Caste
  • A. professors
  • B. physicians
  • C. ministers
  • D. research scientists

Explanation: Physicians traditionally combine relatively high social prestige with high earnings, giving them both status and wealth.

Correct answer: physicians
  • A. the owners of the means of production
  • B. persons who have similar forms of power prestige or wealth
  • C. categories of people set up by governments
  • D. people especially endowed by nature

Explanation: Modern class analysis treats class as a socioeconomic grouping based on unequal access to power, prestige, and wealth, not merely…

Correct answer: persons who have similar forms of power prestige or wealth
  • A. inequality is a motivating force for people to rise in the stratification system
  • B. Everyone is talented equally
  • C. Marxism tries to explain all social problems
  • D. Democracy delivers equality better than Marxism does

Explanation: A common criticism of Marxism is that it attempts to explain too many social problems mainly through class conflict and economic factors.

Correct answer: Marxism tries to explain all social problems
  • A. it is virtually impossible not to view people and situations in terms of some of the norms and categories derived from one,s own cultural experiences
  • B. people are intolerant by nature
  • C. people are afraid and distrustful of strangers
  • D. it is impossible to understand another culture or subculture without having been raised in it

Explanation: Ethnocentrism means interpreting other people and situations through the norms learned in one's own culture.

Correct answer: it is virtually impossible not to view people and situations in terms of some of the norms and categories derived from one,s own cultural experiences
  • A. the economy medicine family religion and education
  • B. the military religion government family and education
  • C. the family the economy government the military and education
  • D. the economy government religion family and education

Explanation: The five pivotal institutions are the economy, government, religion, family, and education.

Correct answer: the economy government religion family and education
  • A. public recognition
  • B. the threat of force
  • C. a transgression of the law
  • D. all of the above

Explanation: Official sanctions are formal responses, such as awards or public commendations, and therefore commonly involve public recognition.

Correct answer: public recognition
  • A. a violation striking to the very heart of society
  • B. a legally punishable offense
  • C. a slight to one,s group but not a punishable offense
  • D. an incident of no consequence whatsoever

Explanation: Folkways are ordinary customs and etiquette rather than serious moral rules or laws.

Correct answer: a slight to one,s group but not a punishable offense
  • A. may well be unintelligible as translated in some languages
  • B. is the product of a distinct world view?
  • C. emphasizes the difficulty of understanding another culture as its participants understand it
  • D. all of the above

Explanation: The Sapir-Whorf hypothesis holds that language influences how people perceive and organize reality, making another culture's meanings…

Correct answer: emphasizes the difficulty of understanding another culture as its participants understand it
  • A. symbol systems
  • B. cultural traits
  • C. normative systems
  • D. human values

Explanation: Language, gestures, and music communicate meanings through shared signs, so they are symbol systems.

Correct answer: symbol systems
  • A. is based on symbols in animals and on signals among humans
  • B. is a property of all higher animal groups?
  • C. is arguably possessed to some degree by nonhuman primates as well as humans
  • D. all of the above

Explanation: Some nonhuman primates display limited learned social practices, so culture may be present to a degree beyond humans.

Correct answer: is arguably possessed to some degree by nonhuman primates as well as humans
  • A. is the work of generation?
  • B. is not always a deliberate act
  • C. never results in a final authorized script
  • D. all of the above

Explanation: Culture develops across generations, often without deliberate planning, and has no single final script or authorised version.

Correct answer: all of the above
  • A. individuals may be compared to playwrights
  • B. the economy may be compared to the director
  • C. society may be compared to a troupe of actors
  • D. social scientists may be compared to stage hands

Explanation: In the play-script analogy, culture provides the script while society is like the group of actors who enact it.

Correct answer: society may be compared to a troupe of actors
  • A. we may begin to our national identity
  • B. the United States will be divided into a number of smaller nations
  • C. we must keep out all new immigrants
  • D. we will not defend the nation from invasion

Explanation: The concern about hyphenated identities is that strong ethnic or cultural labels may weaken a shared American national identity.

Correct answer: we may begin to our national identity
  • A. older tribal loyalties must be abandoned
  • B. a "we are feeling must emerge among people
  • C. people must acknowledge a common history and a sense of a common future
  • D. all of these

Explanation: Nation-building requires shared belonging, recognition of common historical experience and commitment to a common future; older tribal…

Correct answer: all of these
  • A. Nepal
  • B. Pakistan
  • C. India
  • D. China

Explanation: India has the largest buffalo population, Pakistan is generally second, and China is commonly listed third.

Correct answer: China
  • A. lettuce
  • B. broccoli
  • C. cabbage
  • D. onions

Explanation: Wisconsin is a major US producer and distributor of cabbage among the listed vegetables.

Correct answer: cabbage
  • A. Kiwi
  • B. Strawberry
  • C. Grapefruit
  • D. Peach

Explanation: Grapefruit is a hybrid offspring of the pomelo and sweet orange. Kiwi, strawberry, and peach are not pomelo hybrids.

Correct answer: Grapefruit
  • A. Cotton
  • B. Wheat
  • C. Sugarcane
  • D. None of them

Explanation: Wheat is generally classified as a food crop, while cotton and sugarcane are classic commercial or cash crops grown mainly for sale and…

Correct answer: Wheat