A Key Factor That Determines the Geographic Extent of a Housing

question 66

Multiple Choice

A key factor that determines the geographic extent of a housing market is the distance that commuters are willing to travel from home to work. Which of the following events would NOT help to expand the geographic extent of the housing market in a metropolitan area?

• A) Price of gasoline declines
• B) State gasoline tax increases
• C) Public transit fares decrease
• D) none of the above

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Definitions:

Mainstream Norms

The dominant set of expectations, behaviors, and values that are widely accepted and practiced within a society.

Theorizing

The process of developing theories or a body of theories about something.

Social Harmony

The peaceful and cooperative coexistence among individuals in a society, characterized by mutual understanding and minimal conflict.

Talcott Parsons

An influential American sociologist known for his development of a general theoretical framework for the social sciences and his contributions to the theory of social action and the study of social systems.