Long Passage

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In 1896 a Georgia couple suing for damages in the accidental death of their two year old was told that since the child had made no real economic contribution to the family, there was no liability for damages. In contrast, less than a century later, in 1979, the parents of a three-year-old sued in New York for accidental-death damages and won an award of $750,000.

The transformation in social values implicit in juxtaposing these two incidents is the subject of Viviana Zelizer’s excellent book, Pricing the Priceless Child. During the nineteenth century, she argues, the concept of the “useful” child who contributed to the family economy gave way gradually to the present-day notion of the “useless” child who, though producing no income for, and indeed extremely costly to, its parents, is yet considered emotionally “priceless.” Well established among segments of the middle and upper classes by the mid-1800’s, this new view of childhood spread throughout society in the late-nineteenth and early-twentieth centuries as reformers introduced child-labor regulations and compulsory education laws predicated in part on the assumption that a child’s emotional value made child labor taboo.

For Zelizer the origins of this transformation were many and complex. The gradual erosion of children’s productive value in a maturing industrial economy, the decline in birth and death rates, especially in child mortality, and the development of the companionate family (a family in which members were united by explicit bonds of love rather than duty) were all factors critical in changing the assessment of children’s worth. Yet “expulsion of children from the ‘cash nexus,’ although clearly shaped by profound changes in the economic, occupational, and family structures,” Zelizer maintains, “was also part of a cultural process ‘of sacralization’ of children’s lives.” Protecting children from the crass business world became enormously important for late-nineteenth-century middle-class Americans, she suggests; this sacralization was a way of resisting what they perceived as the relentless corruption of human values by the marketplace.

In stressing the cultural determinants of a child’s worth, Zelizer takes issue with practitioners of the new “sociological economics,” who have analyzed such traditionally sociological topics as crime, marriage, education, and health solely in terms of their economic determinants. Allowing only a small role for cultural forces in the form of individual “preferences,” these sociologists tend to view all human behaviors as directed primarily by the principle of maximizing economic gain. Zelizer is highly critical of this approach, and emphasizes instead the opposite phenomenon: the power of social values to transform price. As children became more valuable in emotional terms, she argues, their “exchange” or “surrender” value on the market, that is, the conversion of their intangible worth into cash terms, became much greater.

 

4. The primary purpose of the passage is to

(A) review the literature in a new academic sub-field
(B) present the central thesis of a recent book
(C) contrast two approaches to analyzing historical change
(D) refute a traditional explanation of a social phenomenon
(E) encourage further work on a neglected historical topic

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Cards (4)

Long Passage

(1 card)

In 1896 a Georgia couple suing for damages in the accidental death of their two year old was told that since the child had made no real economic contribution to the family, there was no liability for damages. In contrast, less than a century later, in 1979, the parents of a three-year-old sued in New York for accidental-death damages and won an award of $750,000.

The transformation in social values implicit in juxtaposing these two incidents is the subject of Viviana Zelizer’s excellent book, Pricing the Priceless Child. During the nineteenth century, she argues, the concept of the “useful” child who contributed to the family economy gave way gradually to the present-day notion of the “useless” child who, though producing no income for, and indeed extremely costly to, its parents, is yet considered emotionally “priceless.” Well established among segments of the middle and upper classes by the mid-1800’s, this new view of childhood spread throughout society in the late-nineteenth and early-twentieth centuries as reformers introduced child-labor regulations and compulsory education laws predicated in part on the assumption that a child’s emotional value made child labor taboo.

For Zelizer the origins of this transformation were many and complex. The gradual erosion of children’s productive value in a maturing industrial economy, the decline in birth and death rates, especially in child mortality, and the development of the companionate family (a family in which members were united by explicit bonds of love rather than duty) were all factors critical in changing the assessment of children’s worth. Yet “expulsion of children from the ‘cash nexus,’ although clearly shaped by profound changes in the economic, occupational, and family structures,” Zelizer maintains, “was also part of a cultural process ‘of sacralization’ of children’s lives.” Protecting children from the crass business world became enormously important for late-nineteenth-century middle-class Americans, she suggests; this sacralization was a way of resisting what they perceived as the relentless corruption of human values by the marketplace.

In stressing the cultural determinants of a child’s worth, Zelizer takes issue with practitioners of the new “sociological economics,” who have analyzed such traditionally sociological topics as crime, marriage, education, and health solely in terms of their economic determinants. Allowing only a small role for cultural forces in the form of individual “preferences,” these sociologists tend to view all human behaviors as directed primarily by the principle of maximizing economic gain. Zelizer is highly critical of this approach, and emphasizes instead the opposite phenomenon: the power of social values to transform price. As children became more valuable in emotional terms, she argues, their “exchange” or “surrender” value on the market, that is, the conversion of their intangible worth into cash terms, became much greater.

 

4. The primary purpose of the passage is to

(A) review the literature in a new academic sub-field
(B) present the central thesis of a recent book
(C) contrast two approaches to analyzing historical change
(D) refute a traditional explanation of a social phenomenon
(E) encourage further work on a neglected historical topic

Front

In 1896 a Georgia couple suing for damages in the accidental death of their two year old was told that since the child had made no real economic contribution to the family, there was no liability for damages. In contrast, less than a century later, in 1979, the parents of a three-year-old sued in New York for accidental-death damages and won an award of $750,000.

The transformation in social values implicit in juxtaposing these two incidents is the subject of Viviana Zelizer’s excellent book, Pricing the Priceless Child. During the nineteenth century, she argues, the concept of the “useful” child who contributed to the family economy gave way gradually to the present-day notion of the “useless” child who, though producing no income for, and indeed extremely costly to, its parents, is yet considered emotionally “priceless.” Well established among segments of the middle and upper classes by the mid-1800’s, this new view of childhood spread throughout society in the late-nineteenth and early-twentieth centuries as reformers introduced child-labor regulations and compulsory education laws predicated in part on the assumption that a child’s emotional value made child labor taboo.

For Zelizer the origins of this transformation were many and complex. The gradual erosion of children’s productive value in a maturing industrial economy, the decline in birth and death rates, especially in child mortality, and the development of the companionate family (a family in which members were united by explicit bonds of love rather than duty) were all factors critical in changing the assessment of children’s worth. Yet “expulsion of children from the ‘cash nexus,’ although clearly shaped by profound changes in the economic, occupational, and family structures,” Zelizer maintains, “was also part of a cultural process ‘of sacralization’ of children’s lives.” Protecting children from the crass business world became enormously important for late-nineteenth-century middle-class Americans, she suggests; this sacralization was a way of resisting what they perceived as the relentless corruption of human values by the marketplace.

In stressing the cultural determinants of a child’s worth, Zelizer takes issue with practitioners of the new “sociological economics,” who have analyzed such traditionally sociological topics as crime, marriage, education, and health solely in terms of their economic determinants. Allowing only a small role for cultural forces in the form of individual “preferences,” these sociologists tend to view all human behaviors as directed primarily by the principle of maximizing economic gain. Zelizer is highly critical of this approach, and emphasizes instead the opposite phenomenon: the power of social values to transform price. As children became more valuable in emotional terms, she argues, their “exchange” or “surrender” value on the market, that is, the conversion of their intangible worth into cash terms, became much greater.

 

 

B is the best answer.
In the first paragraph, the author contrasts two incidents that are said to exemplify the transformation in social values that forms the subject of Zelizer’s book.
The second and third paragraphs consist of a brief history of that transformation, as Zelizer presents it, and an account of the factors she considers important in bringing it about. In the last paragraph, the author explains how Zelizer’s thesis differs from that of sociological economists. Thus, the passage serves primarily to present the central thesis of Zelizer’s book.
A and E misrepresent the subject matter of the passage. D mispresents the author’s approach. C is incorrect because although the passage does contrast two approaches, this contrast takes place only in the final paragraph.

 

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Short passage

(3 cards)

Front

 

A. The passages describes an historical connection between the labor theory of value and Locke's economic theories and suggests that the influence of Locke on the labor theory of value is one reason why, according to the author, the theory may be inadequate. This perhaps suggests an indirect criticism of Locke and his theories, via his influence on more recent theories. However, Locke's economic theories are not criticized directly and are not the focus of the passage.

 

C. Correct. This is the best answer. The second paragraph—more than half of the passage— is almost entirely focused on critiquing the labor theory of value. The first paragraph, by introducing the theory and providing some historical context, can be seen as supporting the critique, by introducing the theory to readers who m

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Among the myths taken as fact by the environmental managers of most corporations is the belief that environmental regulations affect all competitors in a given industry uniformly. In reality, regulatory costs—and therefore compliance—fall unevenly, economically disadvantaging some companies and benefiting others. For example, a plant situated near a number of larger non-compliant competitors is less likely to attract the attention of local regulators than is an isolated plant, and less attention means lower costs.

 

Additionally, large plants can spread compliance costs such as waste treatment across a larger revenue base; on the other hand, some smaller plants may not even be subject to certain provisions such as permit or reporting requirements by virtue of their size. Finally, older production technologies often continue to generate toxic wastes that were not regulated when the technology was first adopted. New regulations have imposed extensive compliance costs on companies still using older industrial coal-fired burners that generate high sulfur dioxide and nitrogen oxide outputs, for example, whereas new facilities generally avoid processes that would create such waste products. By realizing that they have discretion and that not all industries are affected equally by environmental regulation, environmental managers can help their companies to achieve a competitive edge by anticipating regulatory pressure and exploring all possibilities for addressing how changing regulations will affect their companies specifically.

 

4. The primary purpose of the passage is to

(A) address a widespread environmental management problem and suggest possible solutions
(B) illustrate varying levels of compliance with environmental regulation among different corporations
(C) describe the various alternatives to traditional methods of environmental management
(D) advocate increased corporate compliance with environmental regulation
(E) correct a common misconception about the impact of environmental regulations

Front

This question depends on understanding the passage as a whole. Its first sentence indicates its main purpose: to dispel a myth about environmental regulations that is often taken as fact.

A. The passage is not about the management of any environmental problem, which would be a problem about how to prevent or undo damage to the environment. The passage primarily aims to dispel a belief that the passage says is widely held by environmental managers.

B. The passage refers to variations in firms’ levels of compliance with environmental regulations, but its primary purpose is not to illustrate those varying levels, nor does it do so.

C. The passage suggests that most environmental managers are mistaken about a key concept; its primary purpose is not to describe traditional methods of environmental management or alternatives to those traditional methods, nor does it do so.

D. The passage takes no position on whether companies should increase their compliance with environmental regulation.

E. Correct. The passage primarily aims to dispel the belief that environmental regulations affect all companies in an industry uniformly.

 

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Much research has been devoted to investigating what motivates consumers to try new products. Previous consumer research suggests that both the price of a new product and the way it is advertised affect consumers' perceptions of the product's performance risk (the possibility that the product will not function as consumers expect and/or will not provide the desired benefits). Some of this research has concluded that a relatively high price will reduce a consumer's perception of the performance risk associated with purchasing a particular product, while other studies have reported that price has little or no effect on perceived performance risk. These conflicting findings may simply be due to the nature of product advertisements: a recent study indicates that the presentation of an advertised message has a marked effect on the relationship between price and perceived performance risk.

Researchers have identified consumers' perception of the credibility of the source of an advertised message-i.e., the manufacturer—as another factor affecting perceived performance risk: one study found that the greater the source credibility, the lower the consumer's perception of the risk of purchasing an advertised new product. However, past research suggests that the relationship between source credibility and perceived performance risk may be more complex: source credibility may interact with price in a subtle way to affect consumers' judgments of the performance risk associated with an advertised product.

 

The passage is primarily concerned with

A. challenging the implications of previous research into why consumers try new products

B. suggesting new marketing strategies for attracting consumers to new products

C. reconciling two different views about the effect of price on consumers’ willingness to try new products

D. describing a new approach to researching why consumers try new products

E. discussing certain findings regarding why consumers try new products

Front

Much research has been devoted to investigating what motivates consumers to try new products. Previous consumer research suggests that both the price of a new product and the way it is advertised affect consumers' perceptions of the product's performance risk (the possibility that the product will not function as consumers expect and/or will not provide the desired benefits). Some of this research has concluded that a relatively high price will reduce a consumer's perception of the performance risk associated with purchasing a particular product, while other studies have reported that price has little or no effect on perceived performance risk. These conflicting findings may simply be due to the nature of product advertisements: a recent study indicates that the presentation of an advertised message has a marked effect on the relationship between price and perceived performance risk.

Researchers have identified consumers' perception of the credibility of the source of an advertised message-i.e., the manufacturer—as another factor affecting perceived performance risk: one study found that the greater the source credibility, the lower the consumer's perception of the risk of purchasing an advertised new product. However, past research suggests that the relationship between source credibility and perceived performance risk may be more complex: source credibility may interact with price in a subtle way to affect consumers' judgments of the performance risk associated with an advertised product.

 

The passage is primarily concerned with

A. challenging the implications of previous research into why consumers try new products

B. suggesting new marketing strategies for attracting consumers to new products

C. reconciling two different views about the effect of price on consumers’ willingness to try new products

D. describing a new approach to researching why consumers try new products

E. discussing certain findings regarding why consumers try new products

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