SOCA02H3 Lecture Notes - Lecture 7: Harry Braverman, Deskilling, Silicon Valley

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2 Mar 2016
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Week 7 work and the economy february 22 (brym ch. Economy: institution that organizes the production, distribution and exchange of goods and services: divided into 3 sectors: Primary raw natural resources such as farming, fishing, logging, mining. Secondary raw materials become finished goods through manufacturing. Tertiary services are bought and sold such as nursing, teachers, lawyers, etc: each sector rose to dominance through a revolution: Agricultural revolution plow was invented 5000 years ago by farmers, increasing productivity, use of tools to herd cattle and grow plants (ex. oxen pulling plows) Productivity: amount of goods/services produced for every hour worked. Industrial revolution international exploration, trade and commerce, based on production of finished goods. Markets: social relations that regulate the exchange of goods and services (in a market, the prices of goods and services are established by how plentiful they are [supply] and how much they are wanted [demand])

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