A. inequality is a motivating force for people to rise in the stratification system
B. Everyone is talented equally
C. Marxism tries to explain all social problems
D. Democracy delivers equality better than Marxism does
Miscellaneous Economics Mcqs
A modern definition of class maintains that social class is constituted by…………?
A. the owners of the means of production
B. persons who have similar forms of power prestige or wealth
C. categories of people set up by governments
D. people especially endowed by nature
The following people enjoy both status and wealth in our society…………..?
A. professors
B. physicians
C. ministers
D. research scientists
Which is characteristic of a strictly closed society ?
A. Estate
B. Class
C. Caste
D. Strata
Which society lacks social classes totally ?
A. The Soviet Union
B. China
C. The United States
D. none of the above
The most likely factor to overcome the low status of a father’s occupation is…………..?
A. education
B. religion
C. hard work
D. belonging to organized crime
Rates of poverty tend to be highest among……………?
A. Female headed households
B. children
C. minorities
D. all of the above
What forces prices down ?
A. Large consumer purchasing power
B. Elastic demand
C. Inelastic demand
D. Inferior products
What is meant by the public sector ?
A. The goals of the society
B. Economic activities in which the government engages for the public good
C. Economic activities in which self-interest makes for personal affluence
D. Economic activities open to the public