Three Societal Characteristics Have Contributed to the Pervasiveness of Institutional

question 99

Multiple Choice

Three societal characteristics have contributed to the pervasiveness of institutional fads in the United States. These characteristics include belief in rationality and progress, institutional autonomy, and:

• A)a lack of accountability
• B)international competition within a global economy
• C)network density at both the individual and organizational level
• D)the desire for profit within a capitalist economy
• E)the fact that most institutions have reserve funds should a new model fail

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Definitions:

Issuance

The process of offering new securities for sale to investors, often through stocks or bonds, to raise capital.

Gross Domestic Product

The total value of all goods and services produced within a country's borders in a specific time period, used as a broad indicator of an economy's health.

Income Side

The aspect of national accounts that deals with how income is generated, distributed, and used in an economy, typically measuring aspects like wages, rents, and profits.

Aggregate Income

The total income earned by all individuals and entities in an economy over a specific time period.