Le Bon's Crowd Psychology Assumed That Crowd Members

question 56

Multiple Choice

Le Bon's crowd psychology assumed that crowd members

• A)engaged in interpretative,rather than circular,reactions.
• B)lost their social identities in the group.
• C)felt compelled to follow the norm that emerged in their group.
• D)were all like one another in some way.
• E)fell prey to the "law of mental unity".

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Definitions:

Tax on Sellers

A financial charge imposed by the government on sellers, which can shift the supply curve upward and affect market equilibrium.

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity of the good that suppliers are willing to sell.

Tax on Buyers

A financial charge imposed directly on purchasers, affecting the demand side by potentially reducing the quantity of goods or services bought.

Sellers Receive Less

A situation where suppliers earn less revenue than expected due to market factors such as decreased demand or increased competition.