How would Karl Marx define profit?
A) the excess value of a product that is withheld from workers
B) the gross domestic product of a society
C) the price of the goods less the cost to manufacture the goods
D) the total cost of the product to the consumer
Question 2Distinguish the difference between race and ethnicity, and give an example of each.
What will be an ideal response
Question 3How do theorists view the relationship between industrialization and the elderly in the United States?
A) The social value of the elderly increased with industrialization.
B) The social value of the elderly decreased with industrialization.
C) The elderly were recognized for their knowledge and skills as a result of industrialization.
D) The elderly were identified as having reached an honorable distinction as a result of industrialization.
Question 4Which nations serve as the best examples of democratic socialism?
A) the United States and Great Britain
B) Denmark and Sweden
C) China and Russia
D) Taiwan and Japan
Question 5According to anthropologists and biologists, how many distinct races exist among humans? What are the racial classifications discussed in the textbook? Why are the racial categories chosen by the author inadequate to provide a full picture of race
?
What will be an ideal response
Question 6In socialism, who or what determines what will be produced and what it will cost?
A) the level that the market will bear
B) the industrialist who produces the goods
C) the central committee that decides what the country needs
D) the consumer who purchases the goods
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