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Which Theorist Argued That If People "Define a Situation as Real

question 99

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Which theorist argued that if people "define a situation as real, it is real in its consequences"?


Definitions:

World Price

The price of a commodity that is determined by the global market, reflecting its supply and demand worldwide.

Net Loss

A financial situation where total expenses exceed total revenues over a specific period, reflecting a negative profit.

World Trade Organization

An international organization established to supervise and liberalize world trade.

Trade Agreements

Formal accords between countries to regulate tariffs, access, and standards in international trade.

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