Figure 20-05 ​

question 3

Essay

Figure 20-05
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-The circuit in the accompanying figure shows a phototransistor used to turn on a relay coil. What is the difference when the phototransistor is in the presence of darkness versus light?

Grasp the relationship between changes in prices and the quantity demanded/supplied as per the law of demand.

Understand the economic consequences of the 1929 stock market crash and its not being the sole cause of the Great Depression.

Comprehend the role and effects of monetary policy during the Great Depression.

Analyze the influence of fiscal policy and governmental intervention during the economic downturn.

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Definitions:

Social Exchange Theory

Social Exchange Theory is a social psychological perspective that explains social change and stability as a process of negotiated exchanges between parties.

Mutually Beneficial Relationship

A relationship in which all parties involved gain benefits or advantages from their association with each other.

Equity Theory

A theory of motivation that suggests individuals assess their relationships in terms of inputs, outputs, and the comparison with others, seeking fairness in exchanges.

Two-Factor Theory Of Emotion

A psychological theory proposing that emotions are based on physiological arousal and cognitive labeling of the arousal based on environmental cues.