How Does a Sociological Perspective on the Economy Differ from the Study

question 132

Multiple Choice

How does a sociological perspective on the economy differ from the study of economics?

• A) Sociologists attempt to explain how the limited resources and efforts of a society are allocated among competing ends; economists study people's satisfaction with their jobs.
• B) Economists focus on the complex workings of economic systems; sociologists focus on interconnections between the economy,other social institutions,and the social organization of work.
• C) Sociologists study monetary policy,inflation,and the national debt; economists study the impact of multinational corporations on industrialized and developing nations.
• D) Sociological perspectives on the economy focus only on the macrolevel; while economists focus on both macro- and microlevel economic systems.

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Definitions:

Group Development

The process through which a group evolves over time, including stages such as forming, storming, norming, performing, and adjourning.

Authoritative

Having or showing an authoritative manner that demands respect and obedience.

Enthusiasm

Intense and eager enjoyment, interest, or approval.

Internal Conflict

A psychological struggle within the mind of an individual, often involving differing emotions, desires, or beliefs.