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Understand the major distinctions between capitalism & socialism
e familiar with different types of governments ( autocracy, oligarchy, democracy,
monarchy, authoritarian)
3. Understand the problems and operation of the U.S. political economy
Understand the sociological perspectives of economic & political problems
( Functionalism -pluralism, Conflict Theory- power elite & Marxism)
5. Understand the political viewpoints of economics & politics ( liberal & conservative)
Be familiar with the economic transformations ( structural changes) in U.S. economy across time
7. Understand the dual labor market ( primary & secondary labor markets)
8. Understand the spectrum of problems in the U.S. workplace