Question

which of the following statements is true of high - income economies?
o a. they are mostly information - based economies
o b. people in these economies engage in agricultural pursuits.
o c. the nations comprising high - income economies have high fertility rates.
o d. they are primarily found in countries in asia and africa.

in the context of walt w. rostows modernization theory, in which of the following stages of economic development are societies slow to change because people hold a fatalistic value system, do not subscribe to a work ethic, and save very little money?
o a. the traditional stage
o b. the high mass - consumption stage
o c. the technological maturity stage
o d. the take - off stage

contemporary marxian (or conflict) theorists examine class in terms of
o a. peoples relationship to others in the production process
o b. the relationship between wealth, power, and prestige
o c. ownership or nonownership of the means of production
o d. wealth inequality

Explanation:

• First question: High - income economies are characterized by being mostly information - based. In high - income economies, agriculture is a small part of the economy (so b is wrong). High - income economies generally have low fertility rates (so c is wrong), and they are not primarily in Asia and Africa (so d is wrong).
• Second question: In Walt W. Rostow's modernization theory, in the traditional stage, societies are slow to change as people have a fatalistic value system, lack a work ethic, and save little. The high mass - consumption stage is about high levels of consumption, the technological maturity stage is about advanced technology, and the take - off stage is a period of rapid growth.
• Third question: Contemporary Marxian (or conflict) theorists examine class in terms of people's relationship to others in the production process. The relationship between wealth, power, and prestige is more related to Weberian views. Ownership or non - ownership of the means of production is a more basic Marxian view (but contemporary Marxian theorists go beyond just this binary in terms of relationships in production). Wealth inequality is a result rather than the main way of examining class for Marxian theorists in terms of production - related relationships.

Answer:

a. They are mostly information - based economies.
a. The traditional stage.
a. people's relationship to others in the production process.