Identify and Describe the Two Types of Ethnic Communities Indicated

question 56

Essay

Identify and describe the two types of ethnic communities indicated by Logan,Alba,and Zhang.

Understand the principle of equity and its implications in workplace compensation.

Recognize the symptoms and causes of groupthink and strategies to prevent it.

Describe the phenomenon and complications of status generalization within groups.

Explain social exchange theory and its relevance to interpersonal relationships and decision-making.

---

Definitions:

Circular-Flow Diagram

A model that illustrates the flow of goods and services and money between households and businesses in an economy.

Households

Economic units comprising all persons who occupy a housing unit, responsible for making consumption and investment decisions.

Demanders

Individuals or entities that express a willingness and ability to purchase goods or services at a given price.

Suppliers

Businesses or individuals that provide goods or services to another entity under terms specified in a contract.