Economic Systems the Labor Market Crash Course Sociology

The video explores the evolution of economic systems, starting with the Agrarian and Industrial Revolutions, and their impact on society. It compares capitalism and socialism, highlighting their strengths and weaknesses. The current Information Revolution is discussed, emphasizing the shift to a service-based economy and the role of technology and corporations in shaping the future.

How did labor unions impact working conditions in the late 19th century?

What is the Information Revolution and how is it affecting the economy today?

In what ways have job sectors shifted in the US economy over the last century?