Chapter 14

Question 1

Creative Class

Answer 1

category of workers in multiple occupations and industries united by the fact that creativity is central to their productive work

Question 2

Enclosure Movement

Answer 2

forced people off what had been public land and sent them looking for work in the cities

Question 3

New Farming Technologies

Answer 3

leg to an agricultural revolution that helped increase the population and the value of land

Question 4

Innovations in manufacturing and transportation technology

Answer 4

created a demand for the larger labor pool to fill new jobs

Question 5

Adam Smith

Answer 5

argue that competition, driven by peoples inherent self-interest and drive to trade, helps maintain a cohesive society. Specialization is a key to increased productivity and innovation, USE OF MONEY AS OPPOSED TO BARTER MAKES TRADING MORE EFFICEFFICENTENT

Question 6

Georg Simmel

Answer 6

saw the evolution of monetary payment systems- from piecework payments to wage labor to salaried work- as a force to DEPERSONALIZE exchange… felt it was a POSITIVE change that gave workers more freedom to enjoy leisure

Question 7

Karl Marx

Answer 7

argued that capitalism created alienation in workers-alienation from the products produced, production process, from one another, and from themselves and their creative tendencies

Question 8

What did Karl Marx believe??

Answer 8

That capitalism would ultimately destroy itself and that the middle class would rise against the capitalistic class leading to socialism and then communism

Question 9

Max Weber

Answer 9

linked the rise of capitalism to technology and ideas, specifically ideas and beliefs connected to the Protestant Reformation. Capitalism = NEGATIVE because people became obsessed with making money

Question 10

Corporation

Answer 10

juristic person- an entity that has all the legal rights, duties, and responsibilities of a person- and corporations structure economic life around the world