________ Was Proposed by Herbert Spencer and Is Used to Argue

question 85

Multiple Choice

________ was proposed by Herbert Spencer and is used to argue that poverty is nature's way of excreting the unfit members of society to make room for the fit.

• A) Differential association
• B) Cultural deprivation
• C) Biological determinism
• D) Social Darwinism

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Definitions:

Money Supply

The sum total of all monetary assets within an economy, accounting for cash, coins, and checking and savings accounts' balances, at a specific instant.

United States Treasury

A government department responsible for managing federal finances, issuing currency, collecting taxes, and paying bills on behalf of the United States government.

Primary Reserves

Assets that are held by banks that are readily available to meet immediate withdrawal demands, such as cash and deposits with central banks.

Excess Reserves

Funds that banks hold over and above the required minimum reserves specified by central banking authorities, which can be loaned out or invested.