Rituals That Reinforce Community Standards of Behavior and Community Cohesiveness

question 22

Multiple Choice

Rituals that reinforce community standards of behavior and community cohesiveness are:

• A)rites of passage
• B)social rites of intensification
• C)revitalization rituals
• D)salvation rituals

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Definitions:

Entrepreneurial Ability

Entrepreneurial ability involves the skills and qualities that enable an individual to identify opportunities, take risks, and organize resources effectively to start and manage a business.

Sole Proprietorship

A business owned and managed by a single individual, with personal responsibility for all debts and legal actions.

Transaction Costs

The costs of time and information required to carry out market exchange.

Personal Assets

Items of value owned by an individual, including cash, bank accounts, investments, real estate, and personal property.