Which of the Following Is Typically Found in Preliterate Societies

question 79

Multiple Choice

Which of the following is typically found in preliterate societies with a form of state political organization,serving to transmit and preserve a culture's legal and political precedents and practices?

• A)Epics
• B)Legends
• C)Myths
• D)Tales
• E)Sagas

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Definitions:

Rational Expectations

An economic theory that suggests individuals make decisions based on their best forecasts using all available information.

Sacrifice Ratio

The measure of the economic cost associated with reducing inflation, typically assessed in terms of the percentage loss in gross domestic product (GDP) for each percentage point decrease in inflation.

Anti-inflation Policy

A set of governmental or central bank strategies aimed at controlling or reducing the rate of inflation in the economy.

Expectations

The anticipations or beliefs about future events or outcomes, which can influence current behavior and decision-making.