In Explaining the Race Riots of 1967 and 1968,Reverend Jesse

question 124

Multiple Choice

In explaining the race riots of 1967 and 1968,Reverend Jesse Jackson noted that the riots occurred "in the middle of rising expectations and the increased,though inadequate,social spending." His analysis best reflects _______ as a source of aggression.

• A)the discomfort caused by the long,hot summer
• B)thwarted expectations
• C)discrimination and direct provocation
• D)social issues
• E)catharsis

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Definitions:

Externalities

The positive or negative impacts of a market transaction experienced by third parties not directly involved in the transaction.

Marginal Cost

The change in total cost that arises when the quantity produced is incremented by one unit, essentially the cost of producing one additional unit of a good.

Global Warming

The long-term rise in Earth's average surface temperature due to human activities, particularly the emission of greenhouse gases, leading to climate change.

Marginal Benefit

The boost in value or pleasure gained from the consumption of one more unit of a good or service.