Sociology Is a Discipline That Studies

question 43

Multiple Choice

Sociology is a discipline that studies:

• A) Group behavior and how social factors influence individuals
• B) Descriptions of social groups
• C) Social Problem
• D) All of the above

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Definitions:

Endowment Effect

A psychological phenomenon in which people assign higher value to things merely because they own them.

Loss Aversion

In prospect theory, the property of most people’s preferences that the pain generated by losses feels substantially more intense than the pleasure generated by gains.

Anchoring Effect

A cognitive bias where an individual relies too heavily on an initial piece of information (the "anchor") when making decisions.

Hedonic Treadmill

A theory suggesting that people continually seek new levels of stimulation or material goods to maintain happiness, but generally return to a stable level of happiness despite major positive or negative changes.