Chapter 13 Flashcards
(48 cards)
work vs job
work is work while a job is work for pay.
what is the result of unpaid work?
women tend to be held responsible for and do more of the unpaid work around the house but since it is “unpaid” people deem this role as unimportant.
what are the three sectors of the economy? define economy.
Economy is the institution that organizes the production, distribution, and exchange of goods and services. the three sectors:
1. primary (agriculture + mining, logging, fishing)
2. secondary (manufacturing/industry)
3. tertiary (services)
what were the 3 economic revolutions
- agriculture revolution
- industrial revolution
- postindustrial revolution
define agricultural revolution
people made permanent settlements, started herding and farming, and productivity soared.
- it began ~10,000 years ago and led to stable human settlments.
define the industrial revolution
- technological innovations
- manufacturing – dominant economic sector
- started in the late 1700s and was driven like steam engine and railroads
define the postindustrial revolution
- automation of work
- service-dominant economic sector
- began in the 1970s and was driven by computerization and automation
define productivity
productivity is the amount produced for every hour worked
define market
market is the social relations that regulate exchange of goods and services.
define division of labour
division of labour refers to the specialization of work tasks.
- the more specialized the work tasks in a society, the greater the division of labour.
what is adam smith’s view on division of labour?
Adam Smith argued that the division of labor boosts productivity by allowing workers to specialize in specific tasks. This increases efficiency, saves time, and encourages innovation, leading to economic growth. However, it can also cause worker boredom, job insecurity, and income inequality. His ideas remain influential in modern economics and industry.
example used: In the factory, instead of each worker making an entire pin, the process was divided into specific tasks—such as drawing out wire, cutting it, and attaching the head. This specialization allowed workers to produce many more pins than if they tried to do all tasks themselves, showcasing how dividing work into smaller tasks increases efficiency.
what are the downsides to the division of labour?
deskilling
- reduces the workers needs for specialized skills.
- as tasks become highly specialized and repetitive, workers perform simple, monotonous tasks rather than developing a wide range of skills. This can lead to deskilling, where workers become less skilled overall, as they focus on a single, narrow task.
what defines good jobs?
- pays well
- not closely supervised and they encourage creativity
- pleasant working environment
- require higher education
- secure employment
- good benefits and promotion opportunities.
what defines a bad job?
- pays poorly
- routine tasks under closer supervision
- unpleasant/dangerous working conditions.
- require little formal education
- insecure employment
- few benefits and advanced opportunities
define precariat
a term to describe the growing class of people for who availability of work is uncertain and who earn low wages.
define labour market segmentation
Labour market segmentation refers to the division of the labour market into distinct sub-markets or segments, each with its own set of characteristics, wage levels, and employment conditions, often influenced by factors like industry, skill level, or demographic group.
what technology drove the postindustrial revolution?
the computer.
how has the division of labour changed over time?
it has become increasingly complex with each economic revolution.
what are professions?
jobs requiring long periods of study, often resulting in creative, well-paying work.
what percentage of the canadian labour force works in the service sector today?
more than 3/4
how have work relations changed as social complexity increased?
they have become more hierarchial, with superodiniates exercising authority over subordinates.
what are the 4 main jobs in pre-agraian societies?
- hunting wild animals
- gathering edible wild plants
- raising children and tending to the tribe’s spiritual needs
what is a dead-end job?
a job with few opportunities for promotion or advancement
when did international exploration, trade, and commerce help stimulate the development of markets?
beginning in the 15th century