Complex, Variable, and Enduring Forms of Cultural Practices That Organize

question 22

Multiple Choice

Complex, variable, and enduring forms of cultural practices that organize social life are called

• A) habitus.
• B) institutions.
• C) social organization.
• D) economics.

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Definitions:

Expected Profit Rate

The forecasted rate of return on an investment or business venture, based on estimated earnings.

Gross Domestic Product (GDP)

The complete value, in monetary or market terms, of all the goods and services that are finalized within the territorial boundaries of a country within a particular period.

Investment

Allocating financial assets in hopes of achieving a return or profit.

Inventory

The raw materials, work-in-progress products, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.