Chapter 7 Flashcards
American Recovery and Reinvestment Act of 2009
Legislation that provided an economic stimulus package of $787 billion to create and save jobs and to reinvigorate the U.S. economy.
Alienation
A sense of powerlessness and meaninglessness in people’s lives.
Automation
Dominant in an industrial society, the replacement of human labor with machinery and equipment that is self-operating.
Behavior-based safety programs
A strategy used by business management that attributes health and safety problems in the workplace to workers’ behavior, rather than to work processes and conditions.
Capitalism
An economic system characterized by private ownership of the means of production and distribution of goods and services for the profit in a competitive market.
Child labor
Involves children performing work that is hazardous, that interferes with a child’s education, or that harms a child’s health or physical, mental, social, or moral development.
Chattel slavery
A form of slavery in which slaves are considered property that can be brought and sold.
Compressed workweek
A work arrangement that allows employees to condense their work into fewer days.
Developed countries
Countries that have relatively high gross national income per capita and have diverse economies made up of many different industries.
Family
A kinship system of all relatives living together or recognized as a social unit, including adopted people.
Corporatocracy
A system of government that serves the interests of corporations and that involves ties between government and business.
Economic institution
The structure and means by which a society produces, distributes, and consumes goods and services.
Flextime
A work arrangement that allows employees to begin and end the workday at different times so long as 40 hours per week are maintained.
Free trade agreements
Pacts between two countries or among a group of countries that make it easier to trade goods across national boundaries by reducing or eliminating restrictions on exports and tariffs on imported goods an protecting intellectual property rights.
Family an Medical Leave Act (FMLA)
A federal law rah requires public agencies and companies with 50 or more employees to provide eligible workers with up to 12 weeks of job-protected, unpaid leave so that they can care for an ill-child, spouse, or parent; stay home to care for their newborn, newly adopted, or newly placed child; or take time off when they are seriously ill, and up to 26 weeks of unpaid leave to care for a seriously ill or injured family member who is in the armed forces.
Forced labor
Also known as slavery, any work that is performed under the threat of punishment and is undertaken involuntarily.