SOC 150 - Essay Questions

Day #4 of 20:

SOC150: SOCIAL PROBLEMS

May 31st

UIBE SUMMER SESSION

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The heart of America’s belief system that has produced major social problems

n Equality of Opportunity n Individualism n Consumption n These ideas are rooted in a national psyche that

underpins the process of social mobility and the system of a meritocracy

n Meritocracy is a social system that rewards people exclusively based on ability and talent; thus any kind of mobility is based on performance measured through examination and/or demonstrated individual achievement

The current economic system

1. The Hour-Glass Economy

2. The Winner-Take-All Market

3. The paradox of education

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The Hourglass Economy

n Segmented Labor Market Theories

n Primary Labor Market

n Secondary Labor Market

n Enclave Labor Market

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The Winner-Take-All-Market

1. Expenditure Cascades 2. Comparative

Spending

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