Provide well-developed and thoughtful answers by utilizing your analytic, interpretive, and critical thinking skills. Connect your answers to the broader social structure, ideologies, power relationships, sociological terms/concepts/theories, and to broader society overall. When appropriate please add an example and/or quote from the textbook to explain your answer.
Textbook link: http://open.lib.umn.edu/socialproblems/ ( chapter 12)
1 There is a much greater difference under capitalism between the rich and poor than under socialism (Section 12.1). ( point out it is true or false)
2 Explain the overall approach of functionalism, conflict theory, and symbolic interactionism to understanding work and the economy (Section 12.2).
3 Select one problem associated with increasing economic inequality and provide an example of how this impacts our earnings on the open job market (Section 12.3).
4 After the Civil War, corporations quickly replaced individuals and their families as the owners of the means of production and as the competitors for profit. Corporations bought up competitors and drove others out of business by engaging in bribery, kickbacks, and complex financial schemes of dubious ethics. Eventually the federal government was forced to pass the Sherman Antitrust Act of 1890 (Section 12.3). ( point out it is true or false )
5 Select one type of social reform for improving work/economy and provide a detailed contemporary example (Section 12.4).