MrHughes Heard What Sounded Like Cries for Help from a Swimmer

question 119

Multiple Choice

Mr.Hughes heard what sounded like cries for help from a swimmer located 30 yards from the ocean shoreline.He continued walking along the beach,however,because he figured that one of the many swimmers in the vicinity would provide help if it was needed.His reaction best illustrates the dynamics involved in

• A) social exchange theory.
• B) the reciprocity norm.
• C) the bystander effect.
• D) the mere exposure effect.

---

Definitions:

Conglomerates

Large corporations that operate in several industries at the same time.

Laissez-Faire Economy

An economic system in which transactions between private parties are free from government intervention such as regulation, privileges, tariffs, and subsidies.

Purely Capitalist Economy

An economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined mainly by competition in a free market.

Features of Capitalism

include private property ownership, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets, driving economic growth and innovation.