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<span>In the 1920's the agricultural products were at their boom. Mechanization was introduced to improve farm technology. But lack of demand brought surplus products in the hands of farmers, prices fell. Farmers became loan defaulters resulting in poor performance in rural banks. But business boomed. There were more production and purchase of machines and electrical appliances through credit system and installment purchase which resulted in bankruptcy.</span>
Answer:
Normative social influence
Explanation:
Normative social influence: In social psychology, the term normative social influence is defined as a form of social influence that often leads to conformity. In other words, an individual conforms according to the other members in a particular group or situation to be liked or accepted by the other person. It is being moderated by social support and group size.
Example: Peer pressure.
In the question above, the statement illustrates the power of normative social influence.
Answer:
I am 100 percent is it is B.
Explanation:
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