Within the Context of the Overall Theme of Chapter Two,what

question 17

Multiple Choice

Within the context of the overall theme of Chapter Two,what is the significance of the restorative justice dispute settlement processes?

• A)It epitomizes how the state now controls the settlement of disputes between individuals.
• B)It represents a dispute settlement mechanism that was commonly used in pre-modern societies.
• C)It has been shown to be ineffectual in modern complex societies in resolving disputes between individuals.
• D)It is the culmination of the tough criminal laws imposed by the state and enforced by the criminal justice system.

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Definitions:

Extrinsic Value

The portion of an item's worth that is not inherent to the item itself but is attributed by external factors or circumstances.

Snob Effects

The phenomenon where the demand for a certain good increases as its price increases, because it is perceived as a status symbol.

Price Effect

The impact that changes in price have on the consumer's choice and allocation of their income.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level in a given period.