What Is One of the Negative Consequences of Ethnocentrism

question 50

Multiple Choice

What is one of the negative consequences of ethnocentrism?

• A) Ethnocentricism can be taken as a right to manipulate other cultures with impunity.
• B) Ethnocentrism confers a sense of pride in,and loyalty to,one's own cultural traditions.
• C) Ethnocentrism provides a sense that one is living the right kind of life.
• D) Ethnocentrism contributes to a sense of personal worth.

---

Definitions:

Short-term Capital Loss

A loss realized from the sale or exchange of a capital asset held for one year or less, which can be used to offset capital gains for tax purposes.

Long-term Capital Gain

A profit from the sale of an asset held for more than a year, typically taxed at a lower rate than regular income.

Section 1245

A section of the U.S. Internal Revenue Code that defines the tax treatment of the gain from the sale of depreciable property.

Recapture

A process in which previously deducted or credited amounts are added back to taxable income or tax liability under certain conditions.