Explore topic-wise MCQs in Economics Mcqs.

This section includes 1337 Mcqs, each offering curated multiple-choice questions to sharpen your Economics Mcqs knowledge and support exam preparation. Choose a topic below to get started.

751.

The social class(es) least interested in church participation is (are)the_____________?

A. lower-middle class
B. upper-lower class
C. upper and lower classes
D. none of the above
Answer» D. none of the above
752.

In countries such as Iran and Iraq the Moslem religion is a(n)_______________?

A. sect
B. cult
C. denomination
D. ecclesia or universal church
Answer» E.
753.

Weber,s “Protestant Ethic”is_______________?

A. a rejection of the ideological function of religion
B. a refutation of economic determinism
C. a vindication of the morality of capitalism
D. an explanation of Third-World underdevelopment
Answer» D. an explanation of Third-World underdevelopment
754.

The push for teaching people to read in the English-speaking world was based on a desire to read_______________?

A. history
B. shop manuals
C. the Bible
D. maps
Answer» D. maps
755.

The term “ecclesia” means_______________?

A. a book of the Bible
B. a member of the clergy
C. a universal religion
D. a state religion
Answer» E.
756.

Religions__________________?

A. reinforce society’s nation of good and evil
B. link the human and divine orders
C. provide a special feeling of belonging and power
D. all of the above
Answer» E.
757.

Marx regarded religion as______________?

A. a deliberate hoax on the part of dominant classes
B. alienating on both personal and social levels
C. an opiate
D. all of the above
Answer» E.
758.

The most common form of religious behavior is__________________?

A. tithing
B. mana
C. prayer
D. taboo
Answer» D. taboo
759.

In Melanesia “mana”is________________?

A. the power of good over evil
B. the power of evil over good
C. a power that is neither good nor evil
D. the food miraculously given to the escaped slaves in the wilderness
Answer» D. the food miraculously given to the escaped slaves in the wilderness
760.

Critics of our school system sate that _________________?

A. education makes no attempt to exercise social control
B. education places too little emphasis on hard work and obedience
C. education is used to foster the acceptance of our political system without
D. none of the above
Answer» D. none of the above
761.

Middle-and upper-class parents foster the viewpoint that________________?

A. occupational success is desirable
B. success does not matter as much as happiness
C. their children should have a classical education
D. students should find peers with similar goals
Answer» B. success does not matter as much as happiness
762.

What kind of individual is valued in industrial and postindustrial societies ?

A. the nonproductive member of an underclass
B. the nonproductive elderly
C. the technically sophisticated and well-educated individual
D. the manual worker
Answer» D. the manual worker
763.

In education_______________?

A. the family is unimportant
B. the family is crucial to student success
C. the social class of the family is unimportant
D. smart students easily overcome the disinterest of the family
Answer» C. the social class of the family is unimportant
764.

The difference between government and state is that________________?

A. government is symbol state is the process
B. government is a process that includes the people who exercise political power
C. the state is an abstract symbol of the political institution
D. government is a process and the state is an abstract symbol
Answer» E.
765.

Power may be asserted by_________________?

A. reciprocating
B. promising a reward in return for compliance
C. coercion
D. coercion reciprocation or reward
Answer» E.
766.

Political control_____________?

A. is internalized cultural learning
B. is acquired through socialization
C. is social control exerted by forces outside the individual
D. takes the place of moral control in simple societies
Answer» D. takes the place of moral control in simple societies
767.

Italy has had many changes in political leadership since World War II However economic and legal specialists keep the nation going We would call their authority_______________?

A. legal-rational
B. charismatic
C. traditional
D. irrational
Answer» B. charismatic
768.

By “dependent relations” globalists mean_______________?

A. the legitimacy of nation -states depends upon propaganda and internal surveillance
B. industrial nations depend upon raw materials located in no-industrial nations
C. Third-World countries are maintained in a state of dependency by First-and Second- World nations
D. the effectiveness of the United Nations depends upon a cohesive Security Council
Answer» D. the effectiveness of the United Nations depends upon a cohesive Security Council
769.

international relations include________________?

A. public but not private diplomacy
B. legal but not illegal or “black market” trade
C. declared but not undeclared wars
D. all of the above
Answer» C. declared but not undeclared wars
770.

The opposite of a nuclear family is the______________?

A. conjugal family
B. atomic family
C. extended family
D. group family
Answer» D. group family
771.

Industrialization was accompanied by_______________?

A. creation of a middle class
B. dehumanization and commodification of labor
C. continued accumulation and reinvestment of capital
D. All of the above
Answer» E.
772.

The view that nationalism would wither away was held by_________________?

A. classical liberals
B. Marxists
C. stoic philosophers like Marcus Aurelius
D. all of the above
Answer» C. stoic philosophers like Marcus Aurelius
773.

The first European people to form a nation were is________________?

A. Scots
B. Picts
C. Slavs
D. English
Answer» E.
774.

Who really owns the corporation? the_________________?

A. Government
B. stockholders
C. banks
D. founders
Answer» C. banks
775.

In the U.S the military is________________?

A. subordinate to the government
B. a provision of government
C. synonymous with government
D. the basis of legitimate government
Answer» B. a provision of government
776.

The United Nations__________________?

A. Is primarily an instrument of the U.S
B. Open supports communist and socialist regimes
C. is extremely effective in policing the world
D. None of the above
Answer» E.
777.

Foreign aid is an instrument of________________?

A. foreign policy
B. manipulation
C. propaganda
D. the democratic value system
Answer» B. manipulation
778.

The Treaty of Westphalia established ?

A. secure borders between Germany and France
B. the principle that state religions were forbidden
C. King Henry the VII as the Holy Roman Emperor
D. that the power of the state superseded the power of the Catholic church
Answer» E.
779.

The end of the Cold war_________________?

A. raised new concerns about nuclear proliferation
B. has shifted American policy toward cooperative internationalism
C. created new possibilities for the world balance of power
D. All of the above
Answer» E.
780.

What percentage of American business revenues do corporation represent ?

A. 60%
B. 70%
C. 80%
D. 70%
Answer» E.
781.

In the perspective of realism “high politics” refers to________________?

A. cultural interaction
B. issues of war and security
C. social and economic issues
D. diplomatic relations
Answer» C. social and economic issues
782.

An accountant is part of which sector ?

A. primary
B. secondary
C. Tertiary
D. Quaternary
Answer» D. Quaternary
783.

Corporations wield power through_____________?

A. PACs
B. interlocking directorates
C. investment portfolios
D. All of the above
Answer» E.
784.

Money is___________________?

A. a means of exchange
B. a method of barter
C. anything of intrinsic value
D. All of the above
Answer» E.
785.

The purpose of separating management from ownership is to________________?

A. secure the highest possible salaries for managers
B. ensure that the long-term interests of the corporation outweigh short-term gains
C. shield absentee owners from any and all responsibility
D. shield the board of directors from any and all responsibility
Answer» C. shield absentee owners from any and all responsibility
786.

Another way of talking about opportunity costs might be as________________?

A. economic consequences
B. social consequences
C. value of sacrificed resources
D. parallel world
Answer» D. parallel world
787.

Lean production________________?

A. combines the best features of craft and mass production
B. has as its goal perfection
C. pushes responsibility down the organizational ladder
D. All of the above
Answer» E.
788.

An example of resource versatility is_________________?

A. land used for both mining and recreation
B. Swimming fishing and boating in the same lake
C. stringing beads in the morning fishing in the afternoon, and teaching bead stringing at night
D. All of the above
Answer» B. Swimming fishing and boating in the same lake
789.

The average CEO’s salary in 2005 was______________?

A. 50 times that of the average workers
B. 100 times that of the average workers
C. 250 times that of the average workers
D. 262 times that of the average workers
Answer» E.
790.

Which occupational categories received the greatest increase in compensation in the 1990s ?

A. Domestic workers
B. Accountants and financial consultants
C. Senior and chief executive
D. corporate attorneys
Answer» D. corporate attorneys
791.

Which of the following is NOT a characteristic of an upwardly mobile individual ?

A. Urban resident
B. More educated than parents
C. Comes from a large family of several brothers and sisters
D. Marries later and limits family to no more than two children
Answer» D. Marries later and limits family to no more than two children
792.

If a broad spectrum of the population is surveyed at a given time the study is called______________?

A. longitudinal
B. inferential
C. descriptive
D. cross sectional
Answer» E.
793.

Which of the following is NOT within the secondary economic sector ?

A. Home construction
B. Oil drilling
C. Salmon canning
D. All of these
Answer» C. Salmon canning
794.

In economic terms every action entail________________?

A. fixed costs
B. risk
C. opportunity costs
D. prime costs
Answer» D. prime costs
795.

The difference between an average worker’s salary and that of the average CEO has_______________?

A. gradually narrowed
B. remained stable
C. slightly increased
D. greatly increased
Answer» E.
796.

Products of the economy used in production as opposed to gifts of nature are______________?

A. land
B. labor
C. capital
D. entrepreneurship
Answer» D. entrepreneurship
797.

The nuclear family form is also called________________?

A. conjugal
B. consanguine
C. procreational
D. extended
Answer» B. consanguine
798.

The conflict theory of inequality is based on the work of______________?

A. Charles Darwin
B. Karl Marx
C. Talcott Parsons
D. Kingsley Davis
Answer» C. Talcott Parsons
799.

The important point about biological and cultural differences among people is______________?

A. the social meanings people give these differences
B. the evidence that some traits are more desirable than others
C. the fact that to have more is better than to have less in all circumstances
D. those with most power can determine cultural values
Answer» B. the evidence that some traits are more desirable than others
800.

Functionalist theorists view stratification system as_______________?

A. resulting from a need for order
B. providing a stabilizing influence on society
C. preventing conflicts among individuals
D. all of the above
Answer» E.