The Two Primary Macrolevel Theories of Socialization

question 89

Multiple Choice

The two primary macrolevel theories of socialization

• A) are symbolic interactionism and social learning theory.
• B) take the position that social values, norms, and beliefs play a limited role in the development of society.
• C) reject the notion of social determinism.
• D) are functionalism and conflict theory; both view socialization as having important consequences for society as a whole.

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Definitions:

Overhead Cost

Expenses related to the day-to-day running of a business that cannot be directly tied to a specific product or service, such as rent, utilities, and administrative salaries.

Machine Hours

This is a measure of the amount of time a machine is operated and is often used in the allocation of manufacturing overhead to products based on usage.

High-low Method

A method employed in managerial accounting that estimates variable and fixed costs by analyzing the most and least active periods.

Contribution Margin

The amount by which sales revenue exceeds variable costs, indicating the portion of sales available to cover fixed costs and generate profit.