In Societies That Value Competitive Achievement and View Economic Status

question 3

Multiple Choice

In societies that value competitive achievement and view economic status as the result of personal attributes, a sense of _______________ may lead to feelings of hopelessness and failure.

• A) Cultural relativism
• B) Time urgency
• C) Relative deprivation
• D) Idealism

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Definitions:

Portfolio

A range of investments held by a person or organization, diversified across asset classes, instruments, or sectors, to manage risk and return.

CAPM

Capital Asset Pricing Model; a model that describes the relationship between systematic risk and expected return for assets, particularly stocks.

Expected Return

The expected profit from an investment, calculated by considering the likelihood of various potential results.

Beta

A measure of a stock's volatility in relation to the overall market; a beta above 1 means the stock is more volatile than the market, while a beta below 1 means it is less volatile.