Marriage & Family Chapter 4 (Practice)
Terms in this set (29)
When the housing bubble burst:
African American and Latino homeowners were disproportionately affected.
Which of the following is an example of an activity in the "underground economy"?
-doing yard work
The official unemployment rate includes those who are:
unemployed and actively looking for full-time employment
Earnings for a man with a high school degree fell by this much during the last forty years.
Manufacturing by U.S. transnational corporations:
is now mostly done in foreign countries
T or F: Offshoring is when a company moves its production to another country, producing the same products in the same way, but with cheaper labor, lower taxes and lower benefits to workers.
The Great Recession of 2007 has ______ the gap between the affluent and those who are not affluent.
Offshoring involves moving corporate activity to countries with:
Of the 7.5 million jobs lost in the Great Recession, this many were lost by men:
The new economy:
-shifts demand from physical labor to cognitive abilities
-moves manufacturing to countries with cheaper labor
-moves white collar jobs to countries with cheaper labor
T or F: The postmodern family is a nuclear family with a male breadwinner and a female homemaker.
Unemployment rates are higher among:
African Americans than among Latinos
Which of the following was a result of the Great Recession in term of marriage?
Couples married later.
Stacey finds that the household arrangements that characterize the "postmodern" family form are new to all except which group?
With regard to fertility and child-bearing, which of the following was also associated with the Great Recession?
There were 200,000 fewer births.
Poor economic conditions can have what effect on American families?
-parents' working longer hours
-an increase in job layoffs
-an increase in marital problems
Joseph Schumpeter coined this term to describe a process inherent to capitalism in which as the economic structure of capitalism matures, some sectors will lose out while others gain.
T or F: As a result of the Great Recession, couples married earlier and more often.
Which of the following family forms increased as a result of the Great Recession?
-adult children living with their parents
-unhappily married couples living under one roof
T or F: A major source of bankruptcy is an inability to pay for catastrophic health care needs.
T or F: Real wages reached only reached their peak recently.
T or F: Trade agreements such as NAFTA (North American Free Trade Agreement) contribute to the loss of manufacturing employment in the United States.
Since the Great Recession, the problem of hunger in the U.S. has:
often included low initial rates that increased sharply after two years
Which of the following is an effect of globalization described by the authors?
a drought in one part of the world driving up commodity prices elsewhere
T or F: New technologies have magnified the connections among all peoples worldwide.
T or F: About three-fourths of those working in contingent work arrangements are men.
The economic crisis of 2007 involved:
-declines in mortgage-backed securities
-large banks facing the necessity of raising large amounts of money very quickly or failing
All of the following are forms of capital flight except:
pay concessions from workers
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