Groups Are Defined by All of the Following Characteristics Except

question 3

Multiple Choice

Groups are defined by all of the following characteristics except:

• A)The members are mutually dependent on each other.
• B)There is recognition that people belong to a collective entity.
• C)There are rules and roles that control people's interactions.
• D)Members of the group are dependent on one another to achieve personal goals.
• E)People's personal needs are being met that reward group membership.

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Definitions:

Negative Externality

A cost that affects a party who did not choose to incur that cost, often resulting from industrial activity, where the negative effects are felt by others, such as pollution.

Public Good

A product that is non-excludable and non-rivalrous, meaning it can be used by many simultaneously without diminishing the product's availability to others.

Private Good

A good, such as pizza, that is both rival in consumption and exclusive.

Regressive Tax

A tax system in which the tax rate decreases as the taxable amount increases, placing a larger burden on low-income earners.