What Did the Sociologist Dr

question 1

Multiple Choice

What did the sociologist Dr. Kerry Ferris conclude about lifestyle enclaves as a result of her research on Star Trek and soap opera fan clubs?

• A) They almost never develop beyond a narrow and segmented interest in media.
• B) They have no larger sense of social responsibility.
• C) They develop bonds for a wide variety of reasons, none of which have anything to do with the programs they watch.
• D) They almost never expand their group boundaries beyond the narrow confines of their lifestyle enclave.
• E) They can eventually lead to a greater degree of involvement with the community.

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Definitions:

Auction Firm

A company that provides services for buying and selling products or services by offering them up for bid, taking bids, and then selling the item to the highest bidder.

Credit Histories

Records that detail an individual's or entity's past borrowing and repayment activity, including any late payments, defaults, and current levels of indebtedness.

Asymmetric Information

A situation in which one party in a transaction has more or better information than the other, often leading to an imbalance in power or unfair outcomes.

Cost of Borrowing

The total expenses, including interest and fees, associated with taking out a loan.