A Number of Theories About Collective Behavior Have Been Reviewed

question 7

Essay

A number of theories about collective behavior have been reviewed in this chapter. Pick one of the theories from the list that follows. Describe the basic tenants of that theory and compare the role that larger, social-structural conditions play in each of them, if at all.
Mass hysteria theory
Emergent norm theory
Political process theory
Value-added theory
Resource mobilization theory

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity available to fund its day-to-day operations.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Ending Inventory

The value of goods available for sale at the end of an accounting period, calculated by adjusting the starting inventory for purchases and sales during the period.