SOCI 110 Study Guide - Final Guide: Capital Flight, Opportunity Cost, Human Services
Document Summary
Sociology final exam: development by corporate design is an uneven development geared towards exploiting the poor in a race to the bottom ideology. It promises jobs and tax revenue for the community but often has hidden costs. The communities are in dyer need for economic boost and will design ill-advised schemes to lure the industry. Economic blackmail is used to force down wages and exposes workers to more dangerous working conditions. This blackmail is implemented with capital flight where if organizations unionize and expenses increase the corporations close their doors and move to another low cost economically deprived area. 1) the dominant way of thinking is that economic knowledge is something outside our experiences (gaventa 228). People believe that official knowledge is needed in order to understand the economy, which relieves the common person from responsibility (gaventa 228). Many individuals see the economy as impossible to shape.
