A Perception That a Group Is Being Unfairly Disadvantaged Compared

question 7

Multiple Choice

A perception that a group is being unfairly disadvantaged compared to other people or groups is known as ______.

• A) the reciprocity principle
• B) deindividuation
• C) egotism
• D) relative deprivation

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Definitions:

Standard Of Living

The level of wealth, comfort, material goods, and necessities available to a person, group, or society.

Comparative Advantage

Comparative advantage is the ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors.

Tariff

A tax imposed by a government on goods and services imported from other countries, to regulate trade and protect domestic industries.

Protectionism

The economic policy of restricting imports from other countries through methods like tariffs and quotas to protect domestic industries.