The Ability of Groups to Exclude Outsiders from Participating in the Group

question 39

Multiple Choice

The ability of groups to exclude outsiders from participating in the group or enjoying group resources is referred to by sociologists as ______.

• A)social exclusion
• B)social closure
• C)fractioning
• D)cliquishness

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Definitions:

TED Spread

The difference between the interest rates on short-term US government debt and interbank loans, indicating credit risk in the general economy.

LIBOR

The London Interbank Offered Rate, representing the interest rate banks charge each other for short-term loans.

Treasury-Bill Rate

The yield or interest rate on U.S. government short-term debt instruments, such as treasury bills, which are considered among the safest investments.

Banned

Prohibited by regulation or law from being sold, used, or practiced, often due to safety, health, or ethical concerns.