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Sandy Is Using a Government Program to Help Finance Her

question 72

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Sandy is using a government program to help finance her new business. Her company is not eligible for a loan through a normal lending channel and is receiving $120,000 with the SBA guaranteeing 85 percent of the loan. She also had to submit a loan application to the lender. Sandy is participating in the

Understand the concept of stereotypes and their prevalence in social conflicts.
Identify the psychological processes behind accepting responsibility for successes and blaming external factors for failures.
Grasp the definition of salience and its relevance in social psychology.
Recognize the conditions under which people resort to stereotyping.

Definitions:

Social Dominance Orientation

is an attitude characterized by a preference for hierarchy within societies and the domination of lower-status groups by higher-status groups.

Social Order

The organized pattern of social relationships and social institutions that together compose society.

Place

A particular position, point, or area in space; a location.

System Justification Theory

A social psychological theory that proposes people are motivated to defend and justify the existing social, economic, and political arrangements.

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