Unlike Highly Collectivistic Societies, Highly Individualistic Societies

question 38

Multiple Choice

Unlike highly collectivistic societies, highly individualistic societies:

• A) are extremely loyal to the groups to which they belong.
• B) are uncomfortable with things that are ambiguous or unknown.
• C) place high value on self-reliance.
• D) tend to live in extended families.

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Definitions:

Tariffs

Taxes imposed by a government on imported goods to increase their price and protect domestic industries.

Import Quotas

A government-imposed limit on the quantity of a particular good that can be imported into a country during a specified period of time.

Protected Goods

Goods that are safeguarded from competition by trade barriers such as tariffs or quotas.

Import Quota

A government-imposed limit on the quantity or value of goods that can be imported into a country, used to protect domestic industries.