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This section includes 1267 Mcqs, each offering curated multiple-choice questions to sharpen your Economics knowledge and support exam preparation. Choose a topic below to get started.
| 401. |
The largest number of statistical areas in the United States are______________? |
| A. | SMSAs |
| B. | CMSAs |
| C. | CBSAs |
| D. | MSAs |
| Answer» C. CBSAs | |
| 402. |
The largest group to Which a person belongs is______________? |
| A. | triad |
| B. | family |
| C. | primary |
| D. | society |
| Answer» E. | |
| 403. |
“The largest group of people inhabiting a specific territory and sharing a common culture”is a definition of a_____________? |
| A. | nation |
| B. | state |
| C. | government |
| D. | society |
| Answer» E. | |
| 404. |
The Ku Klux Klan is an example of a(n)_________________? |
| A. | change-resistant movement |
| B. | progressive movement |
| C. | fascist movement |
| D. | neo-Nazi movement |
| Answer» B. progressive movement | |
| 405. |
The knowledge of how the blood circulates in the body is a(n)______________? |
| A. | invention |
| B. | discovery |
| C. | diffusion |
| D. | innovation |
| Answer» C. diffusion | |
| 406. |
The Keynesian revolution acknowledged_________________ ? |
| A. | that the masses were being exploited |
| B. | that the market was inherently unstable |
| C. | the need for the intervention of the owners of the means of production |
| D. | that industrial workers were becoming the new bourgeoisie |
| Answer» C. the need for the intervention of the owners of the means of production | |
| 407. |
The jobs of the future will include______________? |
| A. | steel workers |
| B. | routine services |
| C. | personal services |
| D. | All but A |
| Answer» E. | |
| 408. |
The “invisible hand” refers to_______________? |
| A. | a feature of Adam Smith,s Wealth of Nations |
| B. | the belief God exhibited by the Puritans |
| C. | the fact that prayer results in help |
| D. | a belief in ghosts prevalent in the early Middle Ages |
| Answer» B. the belief God exhibited by the Puritans | |
| 409. |
The intended consequences of advertising is to__________________? |
| A. | increase consumption |
| B. | create brand awareness and direct consumption |
| C. | create demand |
| D. | All of the above |
| Answer» E. | |
| 410. |
The instrumental role was traditionally assigned to______________? |
| A. | males |
| B. | females |
| C. | the old |
| D. | children |
| Answer» B. females | |
| 411. |
The instruments of foreign policy may be defined as_________________? |
| A. | tools with which nations try to manipulate other nations |
| B. | exchanges entered into in the spirit of trust |
| C. | expressions of human solidarity around the world |
| D. | ways of competing for the title of superpower |
| Answer» B. exchanges entered into in the spirit of trust | |
| 412. |
The inordinate growth of government is a side effect of________________? |
| A. | the increasing poverty of individual states |
| B. | government intervention in the economy |
| C. | the political apathy of public |
| D. | the willingness of individuals to give up traditional freedoms |
| Answer» C. the political apathy of public | |
| 413. |
The Industrial Revolution______________? |
| A. | began in England in the 1800s |
| B. | is already finished |
| C. | caused few sociocultural changes |
| D. | none of the above |
| Answer» B. is already finished | |
| 414. |
The Industrial Revolution was based on_______________? |
| A. | the invention of basic machines |
| B. | the discovery of new material |
| C. | new sources power |
| D. | all of the above |
| Answer» E. | |
| 415. |
The Industrial Revolution began with_________________? |
| A. | the invention of a few basic machines |
| B. | the overthrow of the British |
| C. | the founding of Sony in Japan |
| D. | the proletariat in Russia |
| Answer» B. the overthrow of the British | |
| 416. |
The Industrial Revolution shifted the emphasis in ownership from land to______________? |
| A. | gold and silver |
| B. | the means of production machines tools materials |
| C. | serfs |
| D. | precious spices |
| Answer» C. serfs | |
| 417. |
The important point about biological and cultural differences among people is______________? |
| A. | the social meanings people give these differences |
| B. | the evidence that some traits are more desirable than others |
| C. | the fact that to have more is better than to have less in all circumstances |
| D. | those with most power can determine cultural values |
| Answer» B. the evidence that some traits are more desirable than others | |
| 418. |
The importance of status is supported by_____________? |
| A. | statistics on cancer deaths |
| B. | a recent study by an epidemiologist |
| C. | the fact that people revere academics |
| D. | none of the above |
| Answer» C. the fact that people revere academics | |
| 419. |
The ideology of ageism__________________? |
| A. | prevails only in the U.S |
| B. | applies only to the old |
| C. | asserts that the very young and the very old are inferior |
| D. | has little impact on the society |
| Answer» D. has little impact on the society | |
| 420. |
The identical twin who lost his penis in a tragic accident______________? |
| A. | accepted his female identity |
| B. | acted as a female would |
| C. | preferred dolls to guns |
| D. | none of the above |
| Answer» D. none of the above | |
| 421. |
The idea that technology changes social organization and ideology is called______________? |
| A. | scientific determinism |
| B. | technological revolution |
| C. | evangelical determinism |
| D. | secular humanism |
| Answer» C. evangelical determinism | |
| 422. |
The hypothesis is a statement of_____________? |
| A. | a universal truth |
| B. | the scientist’s conclusions |
| C. | a tentative statement of a topic that is subject to testing |
| D. | disagreement with a generally accepted theory |
| Answer» D. disagreement with a generally accepted theory | |
| 423. |
The human social process most important for social interaction is_______________? |
| A. | conflict |
| B. | competition |
| C. | cooperation |
| D. | none of the above |
| Answer» D. none of the above | |
| 424. |
The human infants first step in socialization is_________________? |
| A. | awareness of self |
| B. | walking |
| C. | speaking |
| D. | crying |
| Answer» B. walking | |
| 425. |
The hormones involved in the development of sex characteristics are_______________? |
| A. | phlogiston and progesterone |
| B. | progesterone and testosterone |
| C. | estrogen and amylase |
| D. | progesterone and estrogen |
| Answer» C. estrogen and amylase | |
| 426. |
The hormone associated with male traits and aggression is_______________? |
| A. | testosterone |
| B. | estrogen |
| C. | Premarin |
| D. | progesterone |
| Answer» B. estrogen | |
| 427. |
The history of the world according to Marx could be interpreted through ? |
| A. | idealism |
| B. | dialectic materialism |
| C. | an absence of materialism |
| D. | a cyclical theory |
| Answer» C. an absence of materialism | |
| 428. |
The highest victimization rates occur________________? |
| A. | in the teenage years |
| B. | in the 10-15 years age group |
| C. | in the 0 to 3 year age group |
| D. | equally in all age groups |
| Answer» D. equally in all age groups | |
| 429. |
The highest percentage of humans live in________________________? |
| A. | India |
| B. | Russia |
| C. | China |
| D. | the U.S |
| Answer» D. the U.S | |
| 430. |
The highest birthrates today are found in________________? |
| A. | highly developed nations |
| B. | the underdeveloped nations |
| C. | Japan |
| D. | Western Europe |
| Answer» C. Japan | |
| 431. |
The high divorce rate in industrial societies related to______________? |
| A. | the importance of religion |
| B. | the low status of women |
| C. | emphasis on group goals |
| D. | the stress on values of individualism and personal goals |
| Answer» E. | |
| 432. |
The high cost of fighting crime is due in large part to_______________? |
| A. | the increase in organized crime |
| B. | high unemployment rates |
| C. | tax cuts instituted by the present administration |
| D. | an increase in prison inmates |
| Answer» E. | |
| 433. |
The group way of life characteristic of humans may be traced to____________? |
| A. | our human ancestors way of life in trees |
| B. | the fact that human infants are helpless for a long period of time |
| C. | a faulty genetic development |
| D. | the small size of humans relative to other animals |
| Answer» C. a faulty genetic development | |
| 434. |
The greatest problem with capital punishment is that________________? |
| A. | many witnesses lie |
| B. | it is a cruel way to end someone’s life |
| C. | sometimes an innocent person is put to death |
| D. | only God has the right to kill |
| Answer» D. only God has the right to kill | |
| 435. |
The Great Depression_________________? |
| A. | resulted from the greed of the robber barons |
| B. | resulted from insufficient demand |
| C. | was the worst case of massive unemployment |
| D. | only B and C |
| Answer» E. | |
| 436. |
The government is_______________? |
| A. | the ultimate source of social control |
| B. | institutionalized social control |
| C. | a way of insuring absolute freedom for citizens |
| D. | BOTH ultimate and institutionalized social control |
| Answer» E. | |
| 437. |
The government can curb excessive aggregate demand(inflation)by_________________? |
| A. | decreasing taxes on consumers |
| B. | increasing spending |
| C. | decreasing taxes on firms |
| D. | none of the above |
| Answer» E. | |
| 438. |
The global social system differs from a societal social system in that________________? |
| A. | nations contain a variety of ethnic and racial groups |
| B. | no global government exists |
| C. | nations do not have common goals |
| D. | all of the above |
| Answer» E. | |
| 439. |
The fundamental assumption of democratic socialism is that_______________? |
| A. | participation in political decision making should be extended to religious leaders |
| B. | the Socialist party must be in command of the economy |
| C. | participation in political decision making should be extended to economic decision making |
| D. | it is not necessary for everyone in a society to work |
| Answer» D. it is not necessary for everyone in a society to work | |
| 440. |
The from of interaction that occurs when two or more individuals try to possess a scarce object or value is_____________? |
| A. | violence |
| B. | coercion |
| C. | contest |
| D. | competition |
| Answer» E. | |
| 441. |
The fraction of change in income that is consumed or spend is called ? |
| A. | the marginal propensity of expenditure |
| B. | the marginal propensity to save |
| C. | the average propensity to consume |
| D. | the marginal propensity to consume |
| Answer» D. the marginal propensity to consume | |
| 442. |
The foremost advantage of a corporation is its_____________? |
| A. | ability to accumulate vast amounts of capital in a short time |
| B. | capacity for protracted periods of employment |
| C. | ability to profit from the labor of its employees |
| D. | necessity to exhibit the latest technology |
| Answer» B. capacity for protracted periods of employment | |
| 443. |
The foreign alliances the U.s has entered into have resulted in__________________? |
| A. | very dependable allies |
| B. | help in the Middle East |
| C. | assurance that allies will back up U.S |
| D. | the need to build up the U.S military apparatus |
| Answer» C. assurance that allies will back up U.S | |
| 444. |
The forces and processes revolving around government is policies and actions are called_________________? |
| A. | politics |
| B. | general social processes |
| C. | dynamics |
| D. | statics |
| Answer» B. general social processes | |
| 445. |
The following people enjoy both status and wealth in our society______________? |
| A. | professors |
| B. | physicians |
| C. | ministers |
| D. | research scientists |
| Answer» C. ministers | |
| 446. |
The following factors are important in production_______________? |
| A. | water space air |
| B. | earth wind fire |
| C. | animal vegetable object |
| D. | technology time efficiency |
| Answer» E. | |
| 447. |
The five pivotal institutions are__________________? |
| A. | the economy medicine family religion and education |
| B. | the military religion government family and education |
| C. | the family the economy government the military and education |
| D. | the economy government religion family and education |
| Answer» E. | |
| 448. |
The first years of marriage_____________? |
| A. | are the most difficult |
| B. | require the most adjustment |
| C. | offer the most satisfaction |
| D. | all of the above |
| Answer» E. | |
| 449. |
The first step in the scientific method is____________? |
| A. | obtaining a government grant |
| B. | classification and organization of data |
| C. | selection of area to be researched |
| D. | observation and recording of data |
| Answer» D. observation and recording of data | |
| 450. |
The first technological revolution________________? |
| A. | took place in 1750 |
| B. | began with the invention of the steam engine |
| C. | turned people from food gatherers to food producers |
| D. | occurred in England |
| Answer» D. occurred in England | |