Which of the Following Are Common Causes of Social Change

question 8

Multiple Choice

Which of the following are common causes of social change?

• A)discovery of existing things
• B)diffusion from one cultural system to another
• C)invention of new ideas and things
• D)All of these responses are correct.

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Definitions:

Equilibria

The state of balance in a market or other system where supply and demand are matched, and there is no tendency to change.

Dominant Strategies

In game theory, a strategy that is the best choice for a player, regardless of what the opposing player chooses.

Annual Profit

Annual profit is the financial gain a company or individual achieves in a fiscal year after all expenses, taxes, and costs have been subtracted from total revenue.

Dominant-Strategy Equilibrium

A situation in game theory where a specific strategy is best for a player, regardless of the strategies chosen by other players.