In What Type of Society Would Formalized Policing, Courts, and Corrections

question 54

Multiple Choice

In what type of society would formalized policing, courts, and corrections be most needed?

• A) Gesellschaft
• B) Gemeinschaft
• C) Feudal
• D) Rural

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Definitions:

Unit Cost

The cost incurred to produce, manufacture, or acquire one unit of a product or service.

Economic Profits

Profits that exceed both the explicit and implicit costs of a business, including a normal return on investment.

Differentiate Products

The process of distinguishing a product or service from others in the market to make it more attractive to a particular target market.

Interindustry Competition

The competition for sales between the products of one industry and the products of another industry.