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What Do Functionalists Assume About Societal Institutions

question 31

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What do functionalists assume about societal institutions?

Identify and explain the difference between manifest and latent functions in sociological theory.
Analyze dominant ideologies and their role in maintaining societal structures.
Grasp Marx's concepts of forces and relations of production within a society.
Recognize the importance of interaction with others as a primary factor in human behavior.

Definitions:

Rate of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment’s cost.

Dividend

A payment made by a corporation to its shareholders, usually in the form of cash or stock, from its profits or reserves.

Liquidation Value

Net amount that could be realized by selling the assets of a firm after paying the debt.

Common Share

A type of equity security that represents ownership in a corporation, entitling the holder to a share of the company's profit through dividends and/or capital appreciation.

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