When a Highly Valued Resource Cannot Be Easily Traded, as Is

question 18

Multiple Choice

When a highly valued resource cannot be easily traded, as is often true with water flowing in a river, then

• A) it will not be hoarded by the rich, but will be available to all on an equal basis.
• B) we can expect shortages from time to time, and conflicts over access to its use.
• C) its price will be low as a result.
• D) markets in the resource will clear more easily, without greed and profit to get in the way.

Analyze the importance of status within teams and its effects on group processes and outcomes.

Understand the dynamics of group identification in disadvantaged vs. advantaged groups.

Grasp the relationship between perceived self-value and status within groups.

Recognize the distinctions and behaviors between prototypical and peripheral group members.

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Definitions:

Future Orientation

The extent to which individuals think about and plan for the future.

Environmental Protection

The practice of safeguarding the natural environment through conservation and sustainable practices.

Negotiate An Agreement

The process of discussing and reaching a mutually acceptable arrangement or deal between parties with differing interests.

Ethnocentrism

Ethnocentrism is the act of judging another culture solely by the values and standards of one's own culture, often leading to prejudice and discrimination.