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.

251.

When confronted with evidence contrary to their beliefs prejudiced persons will______________?

A. suspend judgment until more evidence is found
B. change their judgment to conform to new evidence
C. refuse to change the original judgment in spite of evidence to the contrary
D. apologize to the victim of their prejudice
Answer» D. apologize to the victim of their prejudice
252.

In the social sciences discrimination as a concept means_________________?

A. having good taste in art and music
B. actions taken as a result of prejudicial feelings
C. ability to discern the direction of social relations
D. the physical ability to see in the dark
Answer» C. ability to discern the direction of social relations
253.

What is the basis of racist ideology ?

A. An inaccurate interpretation and social application of Darwin,s theory of evolution
B. “Social Darwinism “applied to religious beliefs
C. An invention of European colonial governments
D. The New Testament
Answer» B. “Social Darwinism “applied to religious beliefs
254.

In recent years there was an awakening of ethnic identity among the following groups__________________?

A. African Americans
B. Hispanics
C. Native Americans
D. all of the above
Answer» E.
255.

Admiration of power and intolerance of differences is linked to a_________________?

A. Democratic personality
B. unprejudiced personality
C. authoritarian personality
D. totalitarian personality
Answer» D. totalitarian personality
256.

The decline of unskilled factory jobs has increased black unemployment The situation is a result of______________?

A. structural discrimination
B. individual discrimination
C. nature of life
D. personal discrimination
Answer» B. individual discrimination
257.

Social ranking is based on________________?

A. age
B. sex
C. wealth
D. all of the above
Answer» E.
258.

Racism is based on the belief (s) that_________________?

A. groups inherit certain traits that are inferior
B. the dominant majority is the fittest from a Darwinian point of view
C. minority groups should not have access to wealth and power
D. all of the above
Answer» E.
259.

Conflicts between the dominant group and minorities develop because_________________?

A. minorities are perceived as different
B. minorities perceive themselves as different
C. the dominant group has coercive power
D. all of the above
Answer» E.
260.

When a minority group accepts the culture of the dominant group it is called_______________?

A. accommodation
B. acculturation
C. amalgamation
D. assimilation
Answer» E.
261.

The view that inequality is based on the corrupting and divisive actions of institutions is part of the ideology of_______________?

A. social Darwinism
B. classical conservatism
C. structural functionalism
D. classical liberalism
Answer» E.
262.

People who suffer from status inconsistency__________________?

A. usually do not worry about it
B. tend to suffer more frustration and dissatisfaction than those whose status is consistent
C. work hard to accumulate wealth to make up for it
D. willingly accept a lower status in return for social recognition
Answer» C. work hard to accumulate wealth to make up for it
263.

Deviance that is covered by the laws of a society is called______________?

A. anomie
B. alienation
C. crime
D. differentiation
Answer» D. differentiation
264.

Membership in specific racial ethnic and religious groupings is________________?

A. characteristic only of industrial societies
B. a variable of the stratification system
C. a biological rather than a social product
D. the cross every individual must bear
Answer» C. a biological rather than a social product
265.

The categories used by researchers to pigeonhole people into social classes__________________?

A. reflect the common -sense self-ratings of individuals
B. indicate that there are two classes the working class and the middle class
C. tend to be arbitrary and artificial
D. adequately reflect the complexity of the American class system
Answer» D. adequately reflect the complexity of the American class system
266.

Max Weber,s notion of life chances closely resembles the concept of________________?

A. social status
B. personal power
C. social power
D. occupational prestige
Answer» C. social power
267.

Deviance that has been exposed leads to______________?

A. anomie
B. labeling
C. transmission
D. forgiveness
Answer» C. transmission
268.

The Great Depression_________________?

A. resulted from the greed of the robber barons
B. resulted from insufficient demand
C. was the worst case of massive unemployment
D. only B and C
Answer» E.
269.

The dominant group in a society is the one that is the_________________?

A. most powerful
B. subordinate
C. largest
D. oldest
Answer» B. subordinate
270.

According to Blau and Duncan occupational upward mobility is greatly influenced by______________?

A. the amount of education
B. occupation of the father
C. the nature of the first job
D. all of the above
Answer» E.
271.

Which are the dimensions of stratification ?

A. Class status and power
B. Family background attractiveness wealth
C. Talent service goodness
D. Caste estate feudalism
Answer» B. Family background attractiveness wealth
272.

Power is defined by Max Weber as the ability to__________________?

A. be the strongest in mind and body
B. carry out one,s wishes in spite of resistance
C. gain consent
D. do as one pleases
Answer» C. gain consent
273.

Embezzlement and fraud are two examples of_________________?

A. white collar crime
B. crimes against persons
C. organized crime
D. property crimes
Answer» B. crimes against persons
274.

Most researchers today use only two approaches to determine social class They are the_______________?

A. life style approach
B. reputational approach
C. subjective approach
D. occupational prestige and socioeconomic status(SES)
Answer» E.
275.

Secondary deviance does not occur unless people_______________?

A. reject deviant labels
B. accept deviant labels and eliminate the behavior in
C. reject the deviant labels but maintain the behavior in
D. accept the deviant labels and maintain the behavior in
Answer» E.
276.

A form of treatment for severe mental disorders that has been largely abandoned is_____________?

A. psychotherapy
B. psychosurgery
C. hypnotherapy
D. electroconvulsive shock therapy
Answer» C. hypnotherapy
277.

Psychosomatic illness entails____________?

A. anxiety or emotional tension producing physical symptoms
B. purely imaginary physical problems
C. bodily ailments creating mental disorder
D. all of the above
Answer» B. purely imaginary physical problems
278.

Craftsmen foremen secretary’s office workers belong to the________________?

A. upper-middle class
B. middle-middle class
C. working class
D. “new class”
Answer» D. “new class”
279.

Another name for cultural transmission theory is______________?

A. anomie
B. labeling theory
C. innovation
D. differential association theory
Answer» E.
280.

Primary deviance______________?

A. is deviance of which we are all guilty at one time or another
B. occurs when deviants accept the label
C. is a more serious offense than secondary deviance
D. is the first deviant act ever discovered
Answer» B. occurs when deviants accept the label
281.

Successful socialization for humans requires_______________?

A. the absence of others
B. genes alone
C. contact with other humans
D. the existence of schools or the media
Answer» D. the existence of schools or the media
282.

Which of the following is an example of a sociological theory of deviant behavior ?

A. Freud,s theory that anatomy is destiny
B. Mead,s theory of inherited criminality
C. Cooley,s theory of original sin
D. None of the above
Answer» E.
283.

In microeconomics the household is defined as_______________?

A. the nuclear family
B. the extended family
C. everyone who lives under one roof
D. all of the above
Answer» D. all of the above
284.

Which is true ?

A. Productivity has increased in the decade of the 1990
B. Blue-collar workers have suffered layoffs
C. Downsizing has created a new style of employment
D. All of the above are true
Answer» E.
285.

The purpose of the Monroe Doctrine was_______________?

A. to warn the Japanese to steer clear of the Caribbean in exchange for U.S non-intervention in Afghanistan
B. to warn European powers to keep away from the Western Hemisphere in return for U.S nonintervention in Europe
C. to conquer the Soviet regime and attach Siberia to the United States
D. to let the world, know who the superpower is
Answer» C. to conquer the Soviet regime and attach Siberia to the United States
286.

Which perspective assumes that actors other than states are also important and s whether states are unitary actors ?

A. Realism
B. Globalism
C. Pluralism
D. Idealism
Answer» D. Idealism
287.

Switzerland is an example of nation that______________?

A. wishes to absorb other nations
B. plans to enlarge its power over other nations
C. displays no self-interest
D. looks out for its own interests only
Answer» E.
288.

The decision to send arms to Iran made by the National Security Council during the Reagan presidency was an example of the following type of foreign policy______________?

A. general
B. administrative
C. crisis
D. none it was an internal matter
Answer» B. administrative
289.

Which statement is wrong regarding diplomacy? It_____________?

A. is a recent addition to international relations?
B. has a long history predating the creation of the nation state?
C. and diplomats have been quite radically altered in recent years
D. has little to do with the failure to solve basic problems among nations
Answer» B. has a long history predating the creation of the nation state?
290.

The jobs of the future will include______________?

A. steel workers
B. routine services
C. personal services
D. All but A
Answer» E.
291.

Need and demand________________?

A. are unrelated concepts
B. amount to the same thing
C. are closely related to price
D. are closely related to supply
Answer» B. amount to the same thing
292.

Diplomacy today gives diplomats________________?

A. great discretion in making policy decisions
B. limited roles as messengers
C. charge of summit conferences
D. starring roles as celebrities
Answer» C. charge of summit conferences
293.

In economic terms incomes are distributed according to________________?

A. a person’s marginal productivity
B. whom one knows
C. which skills one has
D. innate talent
Answer» B. whom one knows
294.

When a business has multiple absentee owners with limited liability it is a_____________?

A. partnership
B. proprietorship
C. trust
D. corporation
Answer» E.
295.

Participants in the market system________________?

A. are totally free to pursue their goals
B. are affected by prices and incomes
C. try to maximize their worth
D. try to maximize their labor
Answer» C. try to maximize their worth
296.

When the supply and demand curves intersect the final lasting price is achieved This is called_____________?

A. clearance price
B. equilibrium price
C. pressure price
D. a buyer’s market
Answer» C. pressure price
297.

Symbolic analysts are_______________?

A. people employed in new enterprises
B. employees capable of manipulating data words and visual images
C. psychologists with advanced degrees
D. only A and B
Answer» E.
298.

In the American political system_____________?

A. everyone participates in the political process
B. real equality for everyone is a fact
C. there is no ruling elite
D. members of Congress and their constituents generally do not know much about what the other thinks
Answer» E.
299.

In regard to public and political opinion_________________?

A. they are the same
B. public opinion is limited to few issues
C. political opinion deals with all matters
D. political opinion is all opinions expressed on political issues
Answer» E.
300.

Total “laissez-faire” is impossible because________________?

A. the market does not provide for satisfying public needs
B. the market is not equitable favoring those with more resources
C. the market makes no provision for protecting smaller participants
D. all of the above
Answer» E.