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Lecture

7. Economy and Work.docx

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Department
Sociology
Course
SOCI 1F90
Professor
Kathy Deliovsky
Semester
Winter

Description
Economy and WorkthMarch 6 2014I ECONOMYEconomy a social institution that organizes the production distribution and consumption of goodsThe way we produce and distribute material things for survivalThe type of economy impacts social inequality6 Types of Economies1Hunting and GatheringSmall groups of nomadic peopleCollecting everything to eat and ate the food right awaySocial equality2HorticulturismThis shift was facilitated by domesticationDomesticating animals and plantsSedentary farming no longer nomadicSurplus leads to division of labour and social inequalityNot everyone is in subsistence labour3AgriculturePlough technologyMuch caloric wealthIncrease in population densityLess people needed to produce foodWork specialisationLiteracyDevelopment of the artsSocial inequality continues with surplus hording surpluses4FeudalismClosed agricultural economy manorialLandlords own land surfs farm itHighly exploitative of surfs what surfs produce belongs to the landowner5CapitalismPrivate ownership of the means of productionthHas roots in 19 century Industrial Revolution6SocialismMeans of production are owned collectivelySee below3 important shifts that facilitated a move from feudalism to a capitalist economy1Work Centralised in FactoriesUrban migration of labour1
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