Which of the Following Is a Characteristic of a Culture

question 23

Multiple Choice

Which of the following is a characteristic of a culture that values a decentralized approach to power?

• A)Leadership is spread out among a number of people.
• B)There are clear lines of authority in who reports to whom.
• C)Decisions are made by the leader.
• D)Power is held by one person or a select few.

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Definitions:

Great Recession

A severe global economic downturn that began in 2007 and lasted until 2009, marked by high unemployment and significant financial instability.

Opportunity Cost

The concept of opportunity cost represents the benefits a person or business misses out on when choosing one alternative over another.

Speculative Motive

The desire to hold cash or assets in anticipation of making gains based on future price movements.

Economic Conditions

The state of a country's economy, including factors like unemployment, inflation, and GDP growth.