Convergence Is a Situation in Which Consumers Choose Membership in Microcultures

question 13

True/False

Convergence is a situation in which consumers choose membership in microcultures in an effort to stand out or define themselves from the crowd.

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Definitions:

Worker Productivity

The measurement of the efficiency of a worker or workforce, evaluated by the amount of work output per unit of work input.

Health Insurance

Category of insurance that pays for losses due to illness or injury.

Social Security

Social Security is a government program that provides financial assistance to people with inadequate or no income, especially the elderly, disabled, and survivors.

Unemployment Insurance

A government program that provides temporary financial assistance to workers who have lost their jobs through no fault of their own.