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What is the relationship between market failure and government failure?
Social Control
Mechanisms, processes, and institutions aimed at regulating individual and group behavior in an effort to maintain societal norms and values.
Group Life
Refers to the social behavior and dynamics observed within groups of individuals, including social structures, roles, and interactions.
Identity
The sum of characteristics and experiences that define an individual or group, including aspects of social, cultural, and personal identity.
Self-Evaluations
The process by which an individual assesses their own performance, attributes, and actions in accordance with their personal standards and expectations.
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