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During difficult economic times, people often want to blame a group for the condition of the economy. what is this type of blaming called?
Noah Garred
Verified answer
It's called scapegoating
I took the quiz in Apex. I thought it was categorizing.
Shea Murdock
What do sociologists study when they look at an economy?
Sociologists studying the economy will examine how social structures and inequalities interact with economic systems. They might focus on areas such as class relations, power dynamics, labor markets, and the impact of economic policies on different social groups. Additionally, they may explore how economic processes shape social behavior and identities.
Which of the following is the best description of an economy?
An economy refers to the system of production, distribution, and consumption of goods and services in a region or country. It involves factors such as resources, market demand, government policies, and economic agents like consumers, businesses, and governments. The economy can be classified based on characteristics like market structure, level of development, and economic activities.
What happens when the economy is low?
When the economy is low, there is generally a decrease in economic activity, resulting in lower levels of production, employment, and spending. This can lead to decreased consumer confidence, business closures, and financial hardships for individuals and businesses. Governments may intervene with policies to stimulate economic growth and recovery.
What is the meaning of Economic liberalization in India?
Economic liberalization of India means the process of opening up of the Indian ecomony to trade and investment with the rest of the world. Till 1991 India had a import protection policy wherein trade with the rest of the world was limited to exports. Foriegn invetment was very difficult to come into India due to a bureaucratic framework. After the start of the economic liberalization, India started getting huge capital inflows and it has emerged as the 2nd fastest growing country in the world.
What is the connection between the youth unemployment and the Nigerian economy?
High youth unemployment in Nigeria can strain the economy by reducing overall productivity and consumption levels. It can also lead to social instability and increase the dependency on social welfare programs, which can further burden the economy. Additionally, a large pool of unemployed youth can result in lost opportunities for economic growth and innovation.
Is the purpose of economic indicators?
To judge the overall condition of a particular country's economy.
What is the definition economic pressure?
Economic pressures refers to a time period in the economy of a country when indicators are not in a favourable condition
What are the effects of gender discrimination on social and economic development in tanzanian?
This discrimination makes it difficult for women to get jobs in the economy. This slows down the economy making it difficult to expand.
Which of the following best describes why economic indicators are useful?
They help people determine how healthy a country's economy is. To judge the overall condition of a particular country's economy-AmandaAmor They show the condition of a country's economy.
Stagfation was an economic term referring to?
Stagflation was an economic condition in which unemployment was high, the economy was stagnant, but prices were rising (inflation).
What two macro-economic indicators would you recommend watching to assess the economy's condition over the next six months?
what two macro-economic indicators would you recommend watching to assess the economy condition over the next six months
What was the condition of America’s economy following World War I?
there was a brief recession, followed by economic growth
Which helps economists judge the overall condition of a particular country's economy?
A measurement of economic indicators: )
What helps economics judge the overall condition of a particular countrys economy?
A measurement of economic indicators.
How does a market economy relate to the economic environment?
The market economy is the economic environment. This is a broad question though, so it's difficult to understand the intent. See Mises.org for further discussion about how the market works.
What was the condition of americas economy following world war 1?
There was a brief recession, followed by economic growth
Which of the following helps economists judge the overall condition of particular country economy?
A measurement of economic indicators
