Chapter 13 Flashcards

(48 cards)

1
Q

work vs job

A

work is work while a job is work for pay.

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2
Q

what is the result of unpaid work?

A

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.

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3
Q

what are the three sectors of the economy? define economy.

A

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)

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4
Q

what were the 3 economic revolutions

A
  1. agriculture revolution
  2. industrial revolution
  3. postindustrial revolution
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5
Q

define agricultural revolution

A

people made permanent settlements, started herding and farming, and productivity soared.
- it began ~10,000 years ago and led to stable human settlments.

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6
Q

define the industrial revolution

A
  • technological innovations
  • manufacturing – dominant economic sector
  • started in the late 1700s and was driven like steam engine and railroads
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7
Q

define the postindustrial revolution

A
  • automation of work
  • service-dominant economic sector
  • began in the 1970s and was driven by computerization and automation
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8
Q

define productivity

A

productivity is the amount produced for every hour worked

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9
Q

define market

A

market is the social relations that regulate exchange of goods and services.

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10
Q

define division of labour

A

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.

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11
Q

what is adam smith’s view on division of labour?

A

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.

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12
Q

what are the downsides to the division of labour?

A

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.

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13
Q

what defines good jobs?

A
  • pays well
  • not closely supervised and they encourage creativity
  • pleasant working environment
  • require higher education
  • secure employment
  • good benefits and promotion opportunities.
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14
Q

what defines a bad job?

A
  • pays poorly
  • routine tasks under closer supervision
  • unpleasant/dangerous working conditions.
  • require little formal education
  • insecure employment
  • few benefits and advanced opportunities
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15
Q

define precariat

A

a term to describe the growing class of people for who availability of work is uncertain and who earn low wages.

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16
Q

define labour market segmentation

A

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.

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17
Q

what technology drove the postindustrial revolution?

A

the computer.

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18
Q

how has the division of labour changed over time?

A

it has become increasingly complex with each economic revolution.

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19
Q

what are professions?

A

jobs requiring long periods of study, often resulting in creative, well-paying work.

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20
Q

what percentage of the canadian labour force works in the service sector today?

A

more than 3/4

21
Q

how have work relations changed as social complexity increased?

A

they have become more hierarchial, with superodiniates exercising authority over subordinates.

22
Q

what are the 4 main jobs in pre-agraian societies?

A
  • hunting wild animals
  • gathering edible wild plants
  • raising children and tending to the tribe’s spiritual needs
23
Q

what is a dead-end job?

A

a job with few opportunities for promotion or advancement

24
Q

when did international exploration, trade, and commerce help stimulate the development of markets?

A

beginning in the 15th century

25
how is market priced determined?
by supply (amount available) and demand (how much wanted)
26
where did the industrial revolution begin
in england
26
how quickly did the industrial revolution spread to other regions?
within a century, it spread to western europe, north america, russia, and japan.
27
what has been the trend in service sector jobs since the 1970s?
a rapid increase due to computerization and automation.
28
what is the relationship between increasing productivity and service sector jobs?
increasing productivity has led to an increase in the number of sector jobs.
29
how many different kinds of jobs exist in postindustrial societies like canada?
tens of thousands.
30
what is a modern example of a new skill created by increasing division of labour?
website design or laser eye surgery.
31
how do professionals typically differ from other jobs?
they require long periods of study and often result in creative, well-paying work.
32
how has the nature of superordinate work changed over time?
it has become more creative and lucrative.
33
how has the nature of subordinate work changed over time?
it has become less creative and comparatively unrewarding financially.
34
what is the significance of the "second machine age"
it refers to the radical transformation of human possibilities through digital technology
35
what are some early indicators of the second machine age
google self-driving cars and computers beating himan jeopardy competitors.
36
what secotrs might be affected by the second machine age?
- medicine - commerce - industry - entertainment - education
37
what is potential negative consequences of the digital revolution
serious dislocations for some workers.
38
what is a potential positive otucome of the digital revolution?
freeing many people from drudgery. (hard or dull work)
39
how did shoshana zuboff study the effects of computerization on office work?
she asked workers to draw pictures of their job experience before and after computerization
40
what was a common theme in the drawings of workers?
negative changes such as frowns, immobility, isolation, and regimation.
41
what are the aspects of primary labour markey
1. primary labour market 2. secondary labour market
42
define the primary labour market
Comprised mainly of highly skilled, well‐educated workers. They are employed in large corporations that enjoy high levels of capital investment. * Employment is secure. * Earnings are high. * Fringe benefits are generous. * Mostly large companies * (Thus, good jobs are mostly in this segment)
43
define capitalism
a dominant economic system which has two distinctive features: 1. Private ownership of property 2. Competition in the pursuit of profit (i.e., a free market, with the ‘free‐ness’ of the market being variable among different countries)
43
define the secondary labour market
Contains a disproportionately large number of women and members of ethnic minorities, particularly recent immigrants. Employees in the secondary labour market tend to be unskilled and lack higher education. * Employment is insecure. * Earnings are low. * Fringe benefits are meagre. * Mostly small companies * (Thus, bad jobs are mostly in this segment)
44
define communism
Karl Marx envisioned a classless, utopian society that would emerge from capitalism, characterized by two key features: 1. **Public Ownership of Property**: All property would be collectively owned by society, with no private ownership—everything belongs to everyone. 2. **Government Planning of Production and Distribution**: The state would control the production and distribution of goods and services, eliminating markets, money, prices, and salaries. The guiding principle would be "from each according to ability, to each according to needs."
45
define socialism
Socialism is an economic and political system where 1. the state owns and controls all property, meaning there are no private companies. 2. The government plans the production and distribution of goods and services, setting prices, quantities, and wages, eliminating market-driven forces. ex: Cuba, where the government owns most industries and controls the production and distribution of goods and services.
46
define oligopolies
Giant corporations that together control part of an economy. * They are few in number and tend not to compete against one another much. * They can set prices at levels that are most profitable for them and force consumers to pay more for goods and services.