SOCL 2001 Study Guide - Midterm Guide: Feudalism, Grey Matter, Socialized Medicine
Document Summary
Boom and bust cycles economy is either going full blast and then you blink your eyes and your in the middle of a depression: employers without government regulations will exploit their workers to the farthest extent they can, always a tendency for a monopoly big business always want to control cost, reduce competition, production, and maximum their business (control prices, they can make more money), socialism. Worthy goods goods that are so important to society that should be available to all regardless whether they pay or not; k 12 education; health care systems: about 100 years ago, we transformed the way we did education in this country (in the 1800s schooling was done in one room schools with basic schooling; as time went on the economy started becoming industrialized; we see massive waves of immigration we had a problem with assimilation (trying to bring these people into our culture)
