The Problem with Ethnocentrism Is That Your Standards Are Used

question 117

True/False

The problem with ethnocentrism is that your standards are used as a frame of reference for negatively evaluating the behaviour of other groups.

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Definitions:

Cash Dividend

A direct payment of profits from a company to its shareholders, typically in the form of cash.

Capital Gains Tax

A tax on the profit realized on the sale of a non-inventory asset that was greater than the amount realized on the sale.

Dividends

Payments made to shareholders out of a company's profits, usually on a quarterly basis, representing a portion of the company’s earnings distributed to its stockholders.

Cash

Cash refers to money in the physical form of currency, such as banknotes and coins, which represents immediate value for transactions or reserves.