The Theory That Explains Group Polarisation as the Outcome of Members

question 54

Multiple Choice

The theory that explains group polarisation as the outcome of members constructing a norm that is believed to diverge from the outgroup norm is:

• A) self-categorisation theory.
• B) persuasive norm theory.
• C) pluralistic norm theory.
• D) cultural values theory.

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Definitions:

Financial Institutions

Organizations such as banks, credit unions, and insurance companies that provide financial services to consumers and businesses.

Commercial Banks

Financial institutions that offer a wide range of services, including accepting deposits, providing loans, and other investment products.

Fewer Banks

Refers to a situation in the financial sector where the number of banking institutions is reduced, which can affect the competition, availability of credit, and financial stability of an economy.

Deposits Concentrated

Deposits concentrated indicates a banking scenario where a large proportion of deposits is held by a small number of account holders.