The Structural-Functionalist Perspective Argues the Economic Institution

question 83

Multiple Choice

The structural-functionalist perspective argues the economic institution

• A)creates inequality between groups which contributes to hostility and social instability.
• B)contributes to social stability by providing basic survival needs.
• C)plays a central role in individuals' identities.
• D)has little impact on individuals' daily lives.

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Definitions:

Opportunity Cost

Opportunity cost is the cost of forgoing the next best alternative when making a decision to pursue a certain action.

Painting Room

The process of applying paint to the interior walls of a room, often for decorative or maintenance purposes.

Baking Cakes

The process of preparing cakes by mixing ingredients and cooking them, typically in an oven.

Absolute Advantage

The ability of a country or individual to produce a good or service more efficiently than another, using fewer resources.