A Paradigm Shift Is a Major Break in the Assumptions

question 70

Multiple Choice

A paradigm shift is a major break in the assumptions that are used to understand the world. For social scientists, what causes a paradigm shift?

• A) the study of history
• B) new data forces a new way of looking at the world
• C) religion and theology
• D) increased awareness of the current paradigm
• E) objective knowledge of the world

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Definitions:

Current Creditors

Entities or individuals to whom a company owes money that is due to be paid within the short-term period, typically less than a year.

CRA

Stands for Canada Revenue Agency, the federal agency responsible for administering tax laws and various social and economic benefit and incentive programs.

Potential New Shareholders

Individuals or entities that may consider investing in a company's equity but currently do not hold any shares.

Auction Market

A marketplace in which buyers and sellers express their prices through bids and offers, and transactions occur at prices where supply and demand meet.