Applying for a Loan in Five-Person Groups Is an Example

question 92

Multiple Choice

Applying for a loan in five-person groups is an example of:

• A) family and friends lending.
• B) party of five lending.
• C) group responsibility.
• D) trade-off.

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Definitions:

Conflict

A serious disagreement or argument, typically a protracted one, which can occur between individuals, groups, or nations.

Functionalist

An approach in sociology and anthropology that interprets society as a structure with interrelated parts, each serving a specific function to maintain social stability.

Symbolic Interactionism

A sociological theory focusing on the importance of symbols and how their meanings are constructed and interpreted in human interactions, leading to shared social realities.

Healthy Aging

Perspective that reinforces the inherent value of older people to society.