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Posner's Study of the Chewas and Tumbukas in Zambia and Malawi

question 8

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Posner's study of the Chewas and Tumbukas in Zambia and Malawi suggests that ethnic groups in Africa nearly always organize politically along ethnic lines, unlike ethnic groups in other parts of the world, who are typically more responsive to the logic of minimal winning coalitions.


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Assets or items acquired with the goal of generating income or appreciating in value over time.

Indirect Method

A way of calculating cash flows for operational activities in the cash flow statement by starting with net income and adjusting for non-cash transactions.

Cash Flows

The total amount of money being transferred in and out of a business, especially affecting liquidity.

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Activities that relate directly to the primary operations of a company, such as manufacturing, distributing, marketing, and selling a product or service.

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