Which of the Following Economists Developed a Theory During the Great

question 12

Multiple Choice

Which of the following economists developed a theory during the Great Depression that dominated macroeconomic policy approaches for the next fifty years?

• A) Milton Friedman
• B) Ben Bernanke
• C) John Maynard Keynes
• D) Adam Smith

Identify the effects of economic and social factors on educational outcomes and life chances.

Analyze the implications of social class on relationships, including marriage and social networks.

Recognize the importance of socioeconomic status in predicting individual health, lifestyle choices, and leisure activities.

Explore the significance of Karl Marx, Pierre Bourdieu, and Max Weber’s theoretical contributions to understanding class, power, and social structure.

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Definitions:

Personal Conflict

Personal conflict involves a clash of interests, values, actions, views, or directions between individuals, often leading to emotional distress or disputes.

Reactance

A psychological reaction that occurs in response to perceived threats to one's freedom or autonomy, leading to resistance against the threat.

Social Value Orientations

Individuals' preferences regarding the distribution of resources and outcomes among others in a society or group.

Group Successes

Achievements or positive outcomes resulting from the collaborative efforts of a team or group.