The Belief That There Are Universal Standards of Behavior That

question 33

Multiple Choice

The belief that there are universal standards of behavior that all cultures should follow is called ________.

• A)humanism
• B)relativism
• C)normativism
• D)naturalism

---

Definitions:

Capital Gain

The profit from the sale of assets or investments, such as stocks or real estate, which exceeds the purchase price.

Gift

A voluntary transfer of property or funds from one person to another without receiving anything in return, or at least without expecting a return equal to the value of the gift.

Short-Term Capital Loss

A financial loss realized on the sale of securities or assets held for one year or less, which can be used to offset capital gains for tax purposes.

Long-Term Capital Gain

The profit from the sale of an asset held for more than a year, generally taxed at a lower rate than short-term gains.