Every Society Must Answer

question 5

Multiple Choice

Every society must answer

• A) Which variables are exogenous and which are endogenous?
• B) Who will receive the goods and services?
• C) What goods and services will be produced, how much will be produced, who will produce them and who will receive them?
• D) How centralized should government bureaucracy be?

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Definitions:

Fourth Wave

Often refers to the latest phase or generation in a series of developments or movements, commonly used in context with feminism or technology.

Social Justice

A concept based on the idea of creating a society or institution that is based on the principles of equality and solidarity, understands and values human rights, and recognizes the dignity of every human being.

Third Wave

A term popularized by Alvin Toffler, referring to the post-industrial society stage characterized by the production and dissemination of information technology and services.

Validity Concepts

The extent to which a concept, conclusion, or measurement is well-founded and likely corresponds accurately to the real world.