Most People Probably Wouldn't Admit That They Stereotype Others, but Research

question 24

Essay

Most people probably wouldn't admit that they stereotype others, but research shows that stereotyping is a fairly common pattern of perception-making. As you have learned in this chapter, there is nothing inherently negative about stereotypes, so why do you suppose stereotyping is so distasteful to people? If you were teaching a workshop about stereotyping to a group of college students, what would you most want them to know about it?

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Definitions:

Closing Entries

Closing entries are journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thereby resetting the temporary accounts for the next period.

Withdrawal Account

An account that tracks the money taken out of a business by its owners for personal use.

Capital

Represents the financial resources used by a business to fund its operations and growth, often in the form of money, assets, or equity.

Income Summary

An account to which the revenues and expenses are transferred in order to close the books and transfer the net balance to owner’s equity.