Economic Inequalities MCQ

Wealthier children tend to develop ______, connections to people who can help them access jobs or other positions of advancement in society.

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______ is a social movement that began in 2011 as a protest aimed at economic inequality.

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SELECT ALL THAT APPLY. ______ and ______ are U.S. policies that have historically decreased economic inequality.

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Solutions based on the ______ would ensure that people enter jobs that best fit their skills and that the most difficult and important jobs pay the most.

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Solutions based on ______ would ensure that people don’t stay rich because they were born rich, or laws and policies are equal and don’t give some people an advantage over others.

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SELECT ALL THAT APPLY. Which of the following social problems are caused by economic inequality?

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SELECT ALL THAT APPLY. Which of the following social problems causes economic inequality?

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______ is defined by an individual who moves up or down in social class within their own lifetime.

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______ is where one generation moves up or down in social class compared to previous generations.

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The U.S. income inequality has ______ since the late 1970s.

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The ______ reflects the viewpoint that inequality is good for society.

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The United States is an example of a ______ society—the greatest economic rewards go to those who work the hardest.

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People have social and economic mobility in a ______ system.

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Slavery, caste, and estate systems are examples of ______ societies.

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Income or wealth gap is known as ______.

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Monetary value of your assets (what you own, such as money, property, etc.) minus your debts (what you owe, such as loans, etc.) is called

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Separated into ranked groups with different levels of material goods, prestige, and power is called Stratified

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The way a society is set up as a system through certain rules, laws, interactions, and expected behaviors is called

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A theoretical perspective that characterizes schools as organizations that reproduce social stratification, helping society function but also benefiting some more than others and making that inequality appear fair is called Social reproduction theory

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Remaining in the social class into which you were born because of structural factors that make mobility more difficult is called

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One’s position in a hierarchical society, defined by education, occupation, and income, and in which upward or downward movement may occur is called

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Connections to people who can help you access jobs or other positions to advance in society is called

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Laws or procedures that allow the government to move money/resources from one group of people to another (and/or to public institutions) to reduce economic inequality is called

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A political/economic perspective promoting free, unrestricted trade is called Neoliberalism

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Owing more than the value of what you own is called

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The ability to move up or down in social class is called

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A society in which greater economic rewards go to people who work the hardest and do the best work is called Meritocracy

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_______ is Upward or downward movement in social class within an individual’s lifetime, such as a middle-class employee who loses their job and eventually falls into the lower class

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_________ is Upward or downward movement in social class from one generation to another, such as a child achieving a higher social class than their parents

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Money received through paid work, rental property, government payouts, and the like is called income

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The process of creating a world economy with few restrictions on trade is called globalization

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____________, tastes, and preferences learned in a specific social class that help convince others that you belong in that class is called Cultural capital

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The income and/or wealth gap among individuals, groups, or countries is called

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The viewpoint that inequality is good for society because it ensures people are rewarded more for doing more complex, difficult jobs is called Davis-moore hypothesis

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