Which Sociological Theory Argues That the Elite Shape Societal Beliefs

question 140

Multiple Choice

Which sociological theory argues that the elite shape societal beliefs and practices in order to make their own privileges appear legitimate and fair?

• A)Functionalism
• B)Conflict theory
• C)Symbolic interaction
• D)Social exchange theory

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Definitions:

Expected Return

The anticipated profit or loss from an investment, taking into account the possibility of various outcomes.

Standard Deviation

A parameter that assesses the extent of difference or range within a batch of numerical values.

Risk-Averse Investor

An investor who prefers lower returns with known risks rather than higher returns with unknown risks.

Slope of the Budget Line

The rate at which one good can be traded for another, reflecting the relative prices of two goods.