Term "Minority" Is Currently Defined as "A Relatively Small Group

question 322

Multiple Choice

term "minority" is currently defined as "a relatively small group of people who differ from others with respect to race,religion,language,or political persuasion." Why will the term have different implications in the future?

• A) There will be stronger limits on immigration, so the presence of minorities will be less noticeable.
• B) Members of Generation Y are more socially conscious and embrace diversity.
• C) The term "minority" has become politically incorrect.
• D) The meaning of the word won't change at all; the group with the smallest population, regardless of its absolute size, will always be labeled "minority."
• E) The size of most ethnic groups will double during the next two decades.

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Definitions:

Currency

A medium of exchange that facilitates trade and is usually issued by a government as legal tender.

Nonbanking Public

The segment of the economy that does not include banks or financial institutions, generally referring to average consumers and businesses.

Money Supply

The complete tally of money-based assets available within an economy at a certain point, counting coins, cash, and holdings in savings and current accounts.

Reserve Requirement

A rephrased definition of Required Reserves: The regulation set by central banks determining the minimum amount of deposits that banks must hold as reserves and not lend out.