{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

test4 definitions - Work Tasks that require mental/physical...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Work: Tasks that require mental/physical effort to produce goods that humans need Occupation: Work that is done for a Wage Division of Labor: The specialization of work tasks Alienation: the separation of humans from ourselves, others, and the products we create Service Sector: Work that provides personal service such as education, health care, hospitality, retail, legal, etc. Globalization: increasing economic and social relationships spanning the globe Capitalism: Private ownership of means of production Socialism: Worker control of means of production Corporate Capitalism: a capitalist marketplace characterized by hierarchical, bureaucratic organizations which are legally required to pursue profit Consumer Capitalism: Economic and cultural system of mass consumption where buyers are coerced and manipulated by profit driven interests Monopoly: System where one company dominates the marketplace. Oligopoly: System where very few companies dominate the marketplace Democratic Economy:
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}