Economic Inequalities MCQs
Economic Inequalities MCQs
The following Economic Inequalities MCQs have been compiled by our experts through research, in order to test your knowledge of the subject of Economic Inequalities. We encourage you to answer these #multiple-choice questions to assess your proficiency.
Please continue by scrolling down.
1: The viewpoint that inequality is good for society because it ensures people are rewarded more for doing more complex, difficult jobs is called Davis-moore hypothesis
A. True
B. False
2: The income and/or wealth gap among individuals, groups, or countries is called
A. Economic inequality
B. Economic equality
C. Non-Economic inequality
D. Non-Economic equality
3: ____________, tastes, and preferences learned in a specific social class that help convince others that you belong in that class is called Cultural capital
A. Informal knowledge
B. Formal knowledge
C. Proper knowledge
D. Direct knowldge
4: The process of creating a world economy with few restrictions on trade is called globalization
A. True
B. False
5: Money received through paid work, rental property, government payouts, and the like is called income
A. True
B. False
6: _________ is Upward or downward movement in social class from one generation to another, such as a child achieving a higher social class than their parents
A. Intergenerational mobility
B. Intragenerational mobility
C. Intragenerational media
D. All of above
7: _______ is Upward or downward movement in social class within an individual’s lifetime, such as a middle-class employee who loses their job and eventually falls into the lower class
A. Intergenerational mobility
B. Intragenerational mobility
C. Intragenerational media
D. All of above
8: A society in which greater economic rewards go to people who work the hardest and do the best work is called Meritocracy
A. True
B. False
9: The ability to move up or down in social class is called
A. Mobility
B. Immobility
C. Fixedness
D. None of above
10: Owing more than the value of what you own is called
A. Negative wealth
B. Positive wealth
C. Zero wealth
D. All of above
11: A political/economic perspective promoting free, unrestricted trade is called Neoliberalism
A. True
B. False
12: Laws or procedures that allow the government to move money/resources from one group of people to another (and/or to public institutions) to reduce economic inequality is called
A. Redistribution policies
B. Concentrate policies
C. Disarrangement policies
D. All of above
13: Connections to people who can help you access jobs or other positions to advance in society is called
A. Social structure
B. Social capital
C. Social class
D. Social class reproduction
14: One’s position in a hierarchical society, defined by education, occupation, and income, and in which upward or downward movement may occur is called
A. Social structure
B. Social capital
C. Social class
D. Social class reproduction
15: Remaining in the social class into which you were born because of structural factors that make mobility more difficult is called
A. Social structure
B. Social capital
C. Social class
D. Social class reproduction
16: A theoretical perspective that characterizes schools as organizations that reproduce social stratification, helping society function but also benefiting some more than others and making that inequality appear fair is called Social reproduction theory
A. True
B. False
17: The way a society is set up as a system through certain rules, laws, interactions, and expected behaviors is called
A. Social structure
B. Social capital
C. Social class
D. Social class reproduction
18: Separated into ranked groups with different levels of material goods, prestige, and power is called Stratified
A. True
B. False
19: Monetary value of your assets (what you own, such as money, property, etc.) minus your debts (what you owe, such as loans, etc.) is called
A. Health
B. Wealth
C. Happiness
D. All of above
20: Income or wealth gap is known as ______.
A. Economic inequality
B. Economic advantage
C. Economic disadvantage
D. Being in the 1%
21: Slavery, caste, and estate systems are examples of ______ societies.
A. Archaic
B. Discriminatory
C. Stratified
D. Divided
22: People have social and economic mobility in a ______ system.
A. Slave
B. Caste
C. Estate
D. Social class
23: The United States is an example of a ______ society—the greatest economic rewards go to those who work the hardest.
A. Democratic
B. Meritocratic
C. Representative
D. Caste
24: The ______ reflects the viewpoint that inequality is good for society.
A. Sapir-Whorf hypothesis
B. Davis hypothesis
C. Moore hypothesis
D. Davis-Moore hypothesis
25: The U.S. income inequality has ______ since the late 1970s.
A. Increased
B. Decreased
C. Stayed the same
D. Fluctuated dramatically
26: ______ is where one generation moves up or down in social class compared to previous generations.
A. Intragenerational mobility
B. Extragenerational mobility
C. Intergenerational mobility
D. Upward mobility
27: ______ is defined by an individual who moves up or down in social class within their own lifetime.
A. Intragenerational mobility
B. Extragenerational mobility
C. Intergenerational mobility
D. Upward mobility
28: SELECT ALL THAT APPLY. Which of the following social problems causes economic inequality?
A. Racism
B. Sexism
C. Educational Inequalities
D. Age
29: SELECT ALL THAT APPLY. Which of the following social problems are caused by economic inequality?
A. Health problems
B. Loss of contribution to society
C. Harm to the environment
D. Increased violence
30: Solutions based on ______ would ensure that people don’t stay rich because they were born rich, or laws and policies are equal and don’t give some people an advantage over others.
A. Evaluation
B. Social class
C. Social reproduction theory
D. Intragenerational theory
31: Solutions based on the ______ would ensure that people enter jobs that best fit their skills and that the most difficult and important jobs pay the most.
A. Social reproduction theory
B. Davis-Moore hypothesis
C. Class structure hypothesis
D. Intragenerational theory
32: SELECT ALL THAT APPLY. ______ and ______ are U.S. policies that have historically decreased economic inequality.
A. The New Deal
B. The War on Poverty
C. The Class Restructuring Policy
D. Equal Housing Policy
33: ______ is a social movement that began in 2011 as a protest aimed at economic inequality.
A. Occupy Wall Street
B. Benjamin’s Bulletin
C. The War on Poverty
D. Economic Dispersion Coalition
34: Wealthier children tend to develop ______, connections to people who can help them access jobs or other positions of advancement in society.
A. Social capital
B. Cultural capital
C. Economic capital
D. Opportunities
List of Economic Inequalities ...
Available in:
Economic Inequalities MCQs
