Value Pluralism Refers To

question 6

Multiple Choice

Value pluralism refers to:

• A) people being made aware of the discrepancies in their value rankings
• B) people having several values at the same time
• C) the conflict between values and attitudes
• D) people being faced with an issue involving competing values
• E) the conflict between values and behaviour

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Definitions:

Communism

First described by Karl Marx as a society in which the people, without regard to class, own all the nation’s resources.

Economic System

A description of how a particular society distributes its resources to produce goods and services.

Social System

An organized set of interrelated structures that establishes how society operates, encompassing institutions, norms, and roles that shape social interactions.

Economics

The study of how resources are distributed for the production of goods and services within a social system.