Examlex
Instructions:
∙ Identify each item. Give an explanation or description of the item. Answer the questions who, what, where, and when.
Explain the historical significance of each item. Establish the historical context in which the
∙ item exists. Establish the item as the result of or as the cause of other factors existing in the society under study. Answer this question: What were the political, social, economic,
and/or cultural consequences of this item?
-The Cane Ridge Revival
Adam Smith
Known as the father of modern economics, he was an 18th-century philosopher best known for his theories on free market economics and the invisible hand concept.
Self-Interest
What is in the best interest of and benefit to an individual.
Social Exchange
A concept describing how social stability and change occur through the process of transactions agreed upon by individuals or groups.
Calculated Involvements
Engagements or commitments that are made after careful consideration and planning to achieve specific outcomes.
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