Insurance Companies Perform All of the Following Functions Performed by Financial

question 108

Multiple Choice

Insurance companies perform all of the following functions performed by financial intermediaries except:

• A) transferring risk.
• B) pooling the resources of small savers.
• C) making large investments.
• D) supplying liquidity.

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Definitions:

Labeling Theory

A sociological theory suggesting that deviance and conformity result not so much from what people do but from how others respond to those actions.

Social Attachment

Emotional bonds and connections formed between individuals, fostering feelings of safety, security, and belonging.

Deviant Behavior

Actions or behaviors that violate social norms or expectations, often resulting in negative societal reactions or sanctions.

Labeling Theory

A concept in sociology that suggests the identity and behavior of individuals may be influenced by the terms used to describe or classify them.