The Minimal Group Paradigm Argues That

question 67

Multiple Choice

The minimal group paradigm argues that:

• A) ethnocentrism hinges on having as few groups as possible.
• B) only two individuals are required to form a group.
• C) being categorised as a group member is necessary to produce intergroup behaviour.
• D) intergroup behaviour should be pigeon-holed in a minimum number of ways.

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Definitions:

Great Depression

A severe worldwide economic downturn that lasted throughout the 1930s, marked by widespread unemployment, deflation, and a significant decline in economic output.

National Banks

National banks are financial institutions chartered by the federal government of a country, authorized to provide a variety of banking services, including accepting deposits, making loans, and issuing currency.

Interest-rate Ceilings

Regulatory limits placed on the maximum interest rates that can be charged on loans, intended to protect borrowers.

Bank Profits

The earnings generated by banks, derived from the difference between the interest paid on deposits and the interest received from loans.