Which of the Following Is an Example of Ethnocentrism

question 19

Multiple Choice

Which of the following is an example of ethnocentrism?

• A) appreciating another culture's practices as superior to those of your culture
• B) translating a book from another language into English
• C) First Nations people rejecting city life on the basis of traditional values
• D) cooking or dining out to experience ethnically different foods

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Definitions:

Competitive Equilibrium

A market condition where supply meets demand, with prices stabilizing at a level where the quantity demanded equals the quantity supplied.

Monopoly

A market structure characterized by a single seller or producer supplying a unique product or service, with no close substitutes, giving them significant control over the market price.

Usury Law

Regulations governing the maximum interest rates that can be charged on loans, aimed at preventing lending practices deemed exploitative.

Market Rate

The prevailing price or interest rate at which goods, services, or securities are traded in a competitive marketplace.