Socialization Is a Process by Which People Come to Learn

question 49

Multiple Choice

Socialization is a process by which people come to learn and accept the ways of their culture as natural. In this sense socialization is

• A)a type of surveillance.
• B)like a witch hunt.
• C)a mechanism of social control.
• D)an informal sanction.

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Definitions:

Comparative Advantage

A theory that suggests a country should specialize in producing and exporting goods and services for which it has the lowest opportunity cost.

Resources

Land, labor, capital, and entrepreneurial ability used to produce goods and services.

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors, leading to specialized production and trade.

Absolute Advantage

A situation in which a country, individual, or company can produce a good at a lower cost per unit than competitors.