Define the Terms Anomie and Norms and Explain the Relationship

question 36

Essay

Define the terms anomie and norms and explain the relationship between the two concepts.Identify one social problem or issue that could arise because of anomie.

---

Definitions:

Cost Function

A mathematical relation that describes how production costs change with variations in the level of output.

Competitive Price

A pricing strategy that aims to attract customers by setting product prices similar or lower than rivals in the market.

Tragedy Of The Commons

A situation in which individuals, acting independently and rationally according to their own self-interest, behave contrary to the best interests of the whole by depleting or spoiling shared resources.

Nash Equilibrium

A situation in a non-cooperative game where no player can benefit by changing strategies while the other players keep theirs unchanged.