Which Theory Is Best Represented by the Following Statement? "A

question 71

Multiple Choice

Which theory is best represented by the following statement? "A social movement will succeed if it can develop an organization and leadership to advance its cause."

• A) mass society theory
• B) relative deprivation theory
• C) resource mobilization theory
• D) new social movements theory
• E) convergent theory

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Definitions:

Crude Quantity Theory

A simplified version of the quantity theory of money suggesting that an increase in money supply leads to a proportional increase in prices.

M

A symbol often representing money supply in economic discussions, including various measures like M1, M2, and M3.

Q

Quantity, frequently used in economic equations and discussions to denote the amount of goods produced or consumed.

PQ

The product of price (P) and quantity (Q), often used in economics to calculate total revenue or expenditure.