Subcultures

question 49

Multiple Choice

Subcultures

• A)are groups within a population that are sanctioned and discriminated against by the mainstream culture.
• B)are groups within a population that dress similarly,eat the same foods,and speak a distinct language.
• C)arise when groups within the population are dissatisfied with the living conditions in mainstream society.
• D)are groups within a population whose values,norms,folkways,or mores set them apart from the mainstream culture.

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Definitions:

Competitive Industry

An industry characterized by many sellers, where no single company can control market prices.

Barriers To Entry

Factors that prevent or hinder companies from entering a particular market or industry.

Barriers To Exit

Factors that make it difficult or costly for a company to leave a market or industry.

Competitive Industry

An industry characterized by many firms competing with each other by offering similar products or services, typically resulting in benefits for consumers through lower prices and higher quality.