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Name the Six Institutional Structures Listed in the Text That

question 112

Essay

Name the six institutional structures listed in the text that promote and sustain modern economic
growth.


Definitions:

Consumer Behavior

The study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and impacts on the consumer and society.

Cognitive Dissonance

A psychological phenomenon where there is discomfort from holding conflicting beliefs, values, or attitudes, often leading to behavior change.

Ritual Consumption

The patterns of behaviors and customs involved in the purchasing and use of products or services in a way that holds symbolic meaning.

Reinforcement

In psychology, a process where a behavior is encouraged by rewards or discouraged by punishments, ultimately increasing the likelihood of that behavior recurring.

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