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| deals not only with money but also with the production, distribution, and consumption of goods and services within a society. |
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| Any human culture or society that depends on a combination of hunting, fishing, and gathering wild foods for subsistence. (one of early Native American societies) |
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| The science or art of cultivating fruits, vegetables, flowers, or ornamental plants. (one of the early Native American societies) |
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| included social and economic changes, population increases, and increased efficiency of food production. |
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| rapidly transformed social life resulting from technological and economic changes including the assembly line, steam power, and urbanization. |
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| refers to recent revolution made possible by the development of the microchip in 1970s, bringing about vast gains in ability to manage information. |
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| those who work primarily with information and who create value in the economy through ideas, judgments, analyses, designs, or innovations. |
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| providing a service to businesses or individual clients, customers, or consumers rather than manufacturing goods. |
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| an economic system based on the laws of free market competition, privatization of the means of production, and on production for a profit. |
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| based on collective ownership of means of production, collective distribution of goods and services, and government regulation of the economy. |
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| a system of government that eliminates private property and is the most extreme form of socialism. All work for the government and have no class distinctions. |
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| All economies have capitalist and socialist aspects. The United States has some socialist features, including business subsidies, market regulations, and public aid programs. Before the Industrial Revolution, economic production took place in the household—but birth of factory led to the ‘workplace’ and raised new work-related issues. Marx argued that when people lost control over their production and the conditions of production, they become alienated. Work is a means to survive rather than is rewarding. |
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| often involves direct contact with clients, customers, patients, or students by the workers. |
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| which includes jobs that involve working with information. |
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| ways that workers express discontent and try to reclaim control over work conditions. |
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| association of workers who bargain collectively for increased wages and benefits and better working conditions. |
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| cultural and economic changes resulting from dramatically increased international trade and exchange in the late 20th and early 21st centuries. |
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| Transnational Corporations |
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| transcend national borders. Products can be manufactured, distributed, marketed, and sold from bases all over the world. |
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| a workplace where workers are subject to extreme exploitation, including below standard wages, long hours, and poor working conditions. |
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| ‘contracting out,’ or transferring to another country, the labor that a company might have otherwise employed their own staff to perform. |
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