10 Questions
According to Marx, what determines the way people establish their programs of justice, religion, kinship, and education?
the manner in which people obtain their livelihood
What did John Kenneth Galbraith suggest about large corporations in the American economy?
They contribute a 'planning system' and can create and control the market.
According to Lensky, what has long been considered as a basis for stratification and in the creation of inequality?
Economic surpluses
What are the extra economic consequences of economic systems, as mentioned by Lobao and Rulli (1996)?
They play a major role in social change
According to Marx, what determines the general character of the social, political, and spiritual processes in society?
The mode of production
What does John Kenneth Galbraith suggest large corporations determine within broad limits in the American economy?
What price customers shall pay for what they buy
What are some examples of social arrangements where competition is present?
Business firms, government agencies, and religious organizations
What is the inherent part of capitalism mentioned in the text?
Competition between business firms for markets and profits
In what ways do religious and other voluntary organizations compete?
For membership and money
What do government agencies compete for, as mentioned in the text?
A share of the tax dollar
Explore the relationship between economic systems and social change in this quiz. Learn about the extra-economic consequences of different economic systems and their impact on society. Understand the influence of economic forces on social institutions and programs of justice, religion, kinship, and education.
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