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FILL IN THE BLANK QUESTIONS ON    IS 11:  THE ECONOMY         Fall, 2010 

1.  In relation to the economy & the social sciences, the aggressiveness of employers since the  ____________________________  Era has also made it difficult for Labor to move into the new service sectors

2.  In relation to agricultural society, the plow & other technology allowed for the first production of a  ________________________  of food & goods

3.  In relation to an intro to post modernity, post modernism rejects mainstream  ________________________________  because each school, culture, etc. in some way rejects or limits others

4.  In relation to pure capitalism,  ____________________________________________  industrialization connotes the new development of a factory or other productive facility in a new area

5 In relation to market socialism, mixed  ______________________________  firms continue to operate in the Soviet Union, Poland, Hungary, Romania & other former Soviet Satellites while western multi-national corporations continue to enter into their markets & to invest in their nations

6.  In relation to mixed economies, the US, since President  ________________________________ , has cut back its social welfare system, cut regulation of business, lowered taxes, & in 2003 is privatizing Medicare

7.  In relation to capitalism & profit maximization, Marx recognized that capitalism was the most  __________________________  system, the most flexible system; even more so than socialism

8.  In relation to monopoly capitalism, antitrust laws eventually resulted in the breakup of  _______________________________________  & other trusts, but have since rarely been strictly enforced

9.  In corps today, undoubtedly  ______________________________  has moved to mgrs, but power probably varies based on the unique characteristics of corp

10.  In relation to interlocks, both economic " __________________________________________ " contribute to the densest interlocks because these attributes make board members attractive to one another

11.  In relation to market concentration, an effect of low wages was that few people had enough money to  ______________________________________________  that were produced, causing business cycles of boom & bust

12.  In relation to the effects of globalization, the EEC is a  ____________________________________  zone in Europe which has increased economic cooperation

13.  In relation to global content, meat products from the US have frequently been  ____________________________  from Japan because of the fear of mad cow disease

14.  Environmental groups feared NAFTA would increase air & water  _________________________________ , particularly in the US Mexican border region

15.  In relation to globalization & tribalism, the former Yugoslavia is in a  ____________________________  peace resulting from the conflict btwn Serbs, Albanians, Croatians, & Bosnian Muslims
 
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