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Alex777 [14]
3 years ago
15

Suppose the economy was at full employment last year. Now supposed that the U.S. declared war on a country in the Middle East AN

D created a program ensuring all high school seniors could receive federal funding for college. Given this scenario, which of these would be MOST likely to take place? A) increased unemployment B) a decline in nominal wages C) decreased unemployment D) increased inflation
Social Studies
2 answers:
rjkz [21]3 years ago
7 0

All the given conditions of the previous scenario, are dynamics associated with inflation, thus the correct answer is D) increased inflation

Full employment is a <em>demand-pull effect </em>of inflation, causing people to have more money to spend on goods, increasing the demand of products which will eventually lead businesses to raise prices, so supply and demand can be balanced. The increased liquidity created by federal funding for college works similar to the above.

On the other hand, war declarations cause a type of inflation called <em>inflationary expectations</em>. Businesses begin to raise prices not because of actual changes in supply or demand or the amount of money in circulation, but due to the fear that some such changes might happen.

sattari [20]3 years ago
6 0
D/increase inflation
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Compare and contrast Davis and Moore’s functionalist perspective of social stratification with Mosca’s conflict perspective of s
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Answer:

<h3>The comparison and contrast of Davis and Moore’s functionalist perspective of social stratification with Mosca’s conflict perspective of social stratification lies on the concept of social position and power.</h3>

Explanation:

Davis and Moore's functionalist perspective of social stratification and Mosca’s conflict perspective of social stratification all emphasize on the presence of a power structure in a society which directly corresponds to the  position of an individual.  They all believed that society operates according to the social needs and that every individual performs their tasks accordingly.

The line of distinction between Davis and Moore's functionalist perspective and Mosca’s conflict perspective lies in the nature of men. Mosca believes that man is evil and dominating by nature and that compels him/her to misuse his position. He brings out the authority and power of the ruling class as an example to this argument. He argues that people in good position will eventually become more powerful as men are ambitious and selfish. They will gradually exploit people from lower position and use their power for their own personal gains.

While on the other hand, Davis and Moore argue that the greater the role of an individual is, the greater should be the reward. They illustrate the idea that people with bigger and greater roles should be given more importance because of their greater contributions to the society. Their perspective of social stratification emphasize that not everyone can perform the exclusive task of the doctors, therefore those who could perform such complicated tasks should be paid and rewarded more. Davis and Moore do not consider misuse of position and power by people of great influence.

In my opinion, Davis and Moore’s functionalist perspective of social stratification is more applicable and realistic. The fact that those who worked hard deserves a reward is a universal doctrine. These people spent a lot of effort and time before acquiring the position they are in today. Their effort and hard work should be rewarded greatly as they will contribute significantly to the society. Though, this perspective does not bring into account the chances of misuse of power and position, such elements can be controlled through efficient law and state control.

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