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This Chapter Describes Various Ways in Which Dominant Members of Society

question 52

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This chapter describes various ways in which dominant members of society exert control over a population by resorting to indirect or even covert means.What are some examples of this? What concepts have some come up with to understand the social dynamics that arise from these situations? Can you think of some contemporary examples of the use of these means of control?


Definitions:

Standard Deviation

A measure of the dispersion or variability of a set of data points from their mean, used in statistics to quantify the amount of variation or dispersion of a dataset.

Total Risk

The complete spectrum of all types of risk that an investment or project might face, including both systematic and unsystematic risks.

Market Risk Premium

The extra return over the risk-free rate that investors demand for choosing to invest in the stock market over a risk-free asset.

Risk-Free Rate

A speculated return on an investment that is considered to have no risk of losing money, usually indicated by the performance of government securities.

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