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True or False Quiz
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1
Immediately following the industrial revolution, the prevailing form of capitalism was what is termed socialism.
A)True
B)False
2
Capitalism does not tolerate monopolistic practices.
A)True
B)False
3
Under socialism, the means of production and distribution in a society are collectively rather than privately owned.
A)True
B)False
4
Currently, China, Cuba, and Viet Nam remained socialist societies ruled by Communist parties.
A)True
B)False
5
Communal ownership of all property is a characteristic of socialism.
A)True
B)False
6
According to C. Wright Mills, power is the ability to exercise one's will over others.
A)True
B)False
7
Karl Marx argued that as labor becomes more and more differentiated, individuals experience anomie, or loss of direction.
A)True
B)False
8
In a political system based on traditional authority, legitimate power is conferred by custom and accepted practice.
A)True
B)False
9
Research suggests that the media cover women differently than they do men.
A)True
B)False
10
Japan is expected to become the world's largest economy by 2020.
A)True
B)False
11
The term deindustrialization refers to a reduction taken in a company's workforce.
A)True
B)False
12
Power made legitimate by law is known as traditional authority.
A)True
B)False
13
In 2003, the Supreme Court ruled that colleges may not use race and ethnicity as one factor in their admissions decisions.
A)True
B)False
14
According to the pluralist model, many conflicting groups within the community have access to government, so that no single group is dominant.
A)True
B)False
15
An estimated 90 percent of the recipients of microcredit are women.
A)True
B)False







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