Which of the Following Is an Example of How Postindustrial

question 24

Multiple Choice

Which of the following is an example of how postindustrial life in the Soviet bloc differed from life in the West?

• A) The percentage of farmers remained higher in the Soviet bloc than in western Europe, despite changes and the consolidation of farming.
• B) Fewer women worked in the Soviet bloc than in western Europe, where 80 to 95 percent of women worked full time.
• C) Women earned the same wages as men in the Soviet bloc, whereas there continued to be a gap between men's and women's wages in the West.
• D) The line between professional and industrial occupations became more blurred in the Soviet bloc than in western Europe.

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Definitions:

Price Taker

A market participant that accepts the prevailing market price and does not have the power to influence it.

Perfectly Competitive

A market structure characterized by a complete absence of rivalry among the individual firms.

Price Takers

Firms or individuals who accept the market price as given and have no influence to change it due to their small market share.

Market Price

The prevailing rate at which a service or asset is traded in the free market.