Soc 1010 - Introduction to Sociology » Fall 2021 » Quiz 4 Economy

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Question #1
According to Karl Marx, exploitation causes a feeling of powerlessness among workers.
A.   TRUE
B.   FALSE
Question #2
The two basic types of economic systems are capitalism and communism.
A.   FALSE
B.   TRUE
Question #3
According to your textbook, c apitalism ensures the provision of basic needs to a country’s citizens
A.   FALSE
B.   TRUE
Question #4
An example of a present day member of the petit bourgeoisie would be Oprah Winfrey.
A.   TRUE
B.   FALSE
Question #5
McDonald’s is an example of a monopoly.
A.   FALSE
B.   TRUE
Question #6
Alienation and exploitation are one in the same according to Marx.
A.   TRUE
B.   FALSE
Question #7
Karl Marx's theories of the economy laid the foundation for modern day conflict theory.
A.   FALSE
B.   TRUE
Question #8
According to Karl Marx, there are only two classes in a capitalist economy.
A.   FALSE
B.   TRUE
Question #9
The main goal of capitalism is to obtain a profit.
A.   FALSE
B.   TRUE
Question #10
According to Karl Marx, a socialist society will ultimately evolve into a communist society.
A.   FALSE
B.   TRUE

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