A Society Needs Institutions in Order to

question 10

Multiple Choice

A society needs institutions in order to

• A)allow it to adapt to its physical and social environments.
• B)promote social integration.
• C)enforce rules to ensure social control.
• D)all of these

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Definitions:

Real Rate Of Return

The annual percentage return realized on an investment, adjusted for changes in the price level due to inflation or other external factors.

Experts

Individuals with advanced knowledge or skills in a particular area, usually acquired through education, training, and experience.

Mutual Funds

Investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities.

Corporate America

A term often referring to the United States' major business corporations and their practices, influence on the economy, and role in society.