SOW316 Lecture Notes - Religious Education In Primary And Secondary Education, Child Care, Underemployment
Document Summary
Johnson and rhodes identify specific social institutions: the family, government and politics, religion, education, health care, criminal justice, military, media, potential to promote well-being, potential to oppress or to obstruct well being. Corporate capitalism: a corporation is an organization with a legal existence, including rights and liabilities, separate from that of its members , profits and growth are the primary driving elements. Corporate capitalism terms: establishments, firms, conglomerates, glass-steagall act of 1933 created the federal deposit insurance corporation and regulated banks. In 1999 the gramm-leach billey financial services modernization act changed the rules and allowed deregulation of the financial services industry. Employment is changing: shift to needing fewer skilled or unskilled labor in well-paying manufacturing, service jobs are shifting with some needing technical/technology skills and others needing very minimal skill, unions have a big impact on the bottom line. Trump claims he is the reason for low unemployment. In april 2020, unemployment jumped to over 14% because of covid.