Diagnostic Quiz 7 - Question: What is social...

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Question: What is social stratification? Student answered: b) It is a system in which success is based on who you know. Correct answer: a) It is the existence of structured inequalities between individuals and groups in a society. Question: What is the difference between income and wealth? Student answered: c) Income is money in the bank; wealth is locked up in physical assets. Correct answer: a) Income is the wages and salaries that you earn; wealth is what you are worth if you sell everything you own. Question: If someone is poor when compared with the standard of living for most people, he/she experiences Student answered: d) structural mobility. Correct answer: b) relative poverty. Question: What is the basis of Karl Marx's theory of class? Student answered: b) Modern societies are divided into those who own the means of production and those who sell their labor. Correct answer: b) Modern societies are divided into those who own the means of production and those who sell their labor. Question: According to sociologists Oliver and Shapiro, why is there a wealth gap between whites and African Americans in the United States? Student answered: a) African Americans do not have the same orientation towards saving money that whites do. Correct answer: c) Many African Americans have suffered from the effects of discrimination, which has prevented them from accumulating wealth. Question: Which of the following is not true about the impact of globalization in the United States? Student answered: c) Inequality has declined as a result of globalization. Correct answer: c) Inequality has declined as a result of globalization.
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This note was uploaded on 06/27/2010 for the course SYG 2000 taught by Professor Finlay during the Spring '10 term at University of South Florida Sarasota–Manatee .

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Diagnostic Quiz 7 - Question: What is social...

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