Institutional Discrimination Is the Form Inequality Takes When the Customary

question 32

True/False

Institutional discrimination is the form inequality takes when the customary ways of doing things, prevailing attitudes and expectations, and accepted structural arrangements work to the disadvantage of the poor.

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Definitions:

Deceptive Pricing

An illegal practice that involves intentionally misleading customers with price promotions.

Dumping

The practice of selling a product in a foreign market at a price below its domestic market price or below the cost of production.

Tariffs

Taxes imposed on imported goods and services, aimed at making them more expensive to protect local industries from foreign competition.

Revenue

The total income generated by a company from its business activities, typically from the sales of goods or services before any expenses are deducted.