A Positive Value of Ethnocentrism for a Society Is That

question 50

Multiple Choice

A positive value of ethnocentrism for a society is that it:

• A)Decreases the chance of war.
• B)Helps members of a society bond together as a social unit.
• C)Increases an individual's ability to act independently of others.
• D)Results in a higher standard of living because of an emphasis on progress.
• E)Increases equality between males and females within a society.

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Definitions:

Maturity Date

The final payment date of a loan or other financial instrument, at which point the principal (and all remaining interest) is due to be paid.

Compound Annual

The rate of return that would be required for an investment to grow from its beginning balance to its ending one, assuming the profits were reinvested at the end of each period of the investment's lifespan.

Rate of Return

The profit or deficit experienced on an investment during a particular timeframe, represented as a proportion of the investment's initial expense.

Templeton Growth Fund

A mutual fund that aims for long-term capital growth by investing primarily in the equity of companies around the world.