Which of the Following Is NOT an Example of an Externality

question 249

Multiple Choice

Which of the following is NOT an example of an externality?

• A)A bread company emits a wonderful aroma in the air that makes people smile.
• B)The neighbor's wind chimes interfere with your sleep.
• C)A firm fires 500 people.
• D)Cancer-causing chemicals are dumped into the drinking water supply of a city.

Recognize the significance of societal pressures and the goal-means gap in inducing deviant behavior according to anomie-strain theory.

Compare and contrast different extensions and critiques of anomie-strain theory, including Cohen's status frustration and Cloward and Ohlin's differential opportunity theory.

Understand the role of cultural values, particularly the emphasis on material success, in shaping societal expectations and behavior patterns.

Identify the criticisms and limitations of anomie-strain theory, especially concerning its application to different social classes.

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Definitions:

Demand Forecasts

Predictions about future customer demand for a product or service, based on historical data and future projections.

Financial Planning

The process of creating strategies for managing a person's or organization’s finances to meet short-term and long-term goals.

Marketing Planning

The process of identifying and targeting specific markets and developing strategies to communicate with and engage those audiences.

Personnel Planning

The process of forecasting an organization's human resource needs and developing strategies to meet these needs, ensuring the right number and type of employees are available when needed.