What Are the Four Questions That Sociologists Generally Ask Themselves

question 8

Essay

What are the four questions that sociologists generally ask themselves when examining a social phenomenon? Using the example of romantic love, explain how these four questions help one to focus his or her sociological imagination.

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Definitions:

Depreciation

The accounting method of allocating the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Time Value

A financial principle acknowledging that receiving money now is more advantageous than receiving the same amount in the future due to its earning potential.

Payback Method

A capital budgeting technique that calculates the time required to recoup the initial investment through cash inflows.

Accounting Rate

Often refers to the accounting rate of return (ARR), a financial ratio used to measure the profitability of an investment, calculated by dividing the average annual profit by the initial investment cost.