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The social and economic changes, including population increases, that followed from the domestication of plants and animals and the gradually increasing efficiency of food production (page 325) |
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An economic system based on the laws of free market competition, privatization of the means of production, and production for profit, with an emphasis on supply and demand as a means to set prices (page 330) |
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A system of government that eliminates private property; the most extreme form of socialism, because all citizens work for the government and there are no class distinctions (page 331) |
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The cultural and economic changes resulting from dramatically increased international trade and exchange in the late twentieth and early twenty-first centuries (page 341) |
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Independent (or Third) Sector |
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The part of the economy composed of nonprofit organizations; their workers are mission driven, rather than profit driven, and such organizations direct surplus funds to the causes they support (page 353) |
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The rapid transformation of social life resulting from the technological and economic developments that began with the assembly line, steam power, and urbanization (page 326) |
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The recent social revolution made possible by the development of the microchip in the 1970s, which brought about vast improvements in the ability to manage information (page 327) |
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Those who work primarily with information and who create value in the economy through their ideas, judgments, analyses, designs, or innovations (page 327) |
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"Contracting out" or transferring to another country the labor that a company might otherwise have employed its own staff to perform; typically done for financial reasons (page 345) |
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Ways that workers express discontent with their working conditions and try to reclaim control of the conditions of their labor (page 336) |
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Those whose work involves providing a service to businesses or individual clients, customers, or consumers rather than manufacturing goods (page 327) |
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An economic system based on the collective ownership of the means of production, collective distribution of goods and services, and government regulation of the economy (page 330) |
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A workplace where workers are subject to extreme exploitation, including below-standard wages, long hours, and poor working conditions that may pose health or safety hazards (page 342) |
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Working from home while staying connected to the office through communications technology (page 334) |
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An association of workers who bargain collectively for increased wages and benefits and better working conditions (page 338) |
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