All of the Following Statements Describe Primary Groups EXCEPT

question 5

Multiple Choice

All of the following statements describe primary groups EXCEPT

• A) they are informal in organization and long-lasting.
• B) they are small in number and strong in loyalty.
• C) they are primarily task-oriented.
• D) they provide members with a sense of belonging.

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Definitions:

Economic Behavior

The study of how individuals, groups, and organizations make choices to allocate resources, including how they trade and make decisions under scarcity.

Ultimatum Game

A game in economic experiments where one player offers how to divide a sum of money with another player who can either accept or reject the offer.

Nudging

A concept in behavioral economics, proposing subtle interventions to influence the choices and behaviors of individuals without restricting options.

Precommitments

Strategies or mechanisms employed by individuals to constrain their future actions or choices, often to avoid temptation or ensure long-term goals are met.