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topjm [15]
3 years ago
13

Sociologists have often wondered about financial collapses, like those of the 1930s, in which rumors of insolvency, when believe

d by enough depositors, resulted in bank failures. What sociological concept describes this phenomenon?
Social Studies
1 answer:
ozzi3 years ago
6 0

Answer:

the Thomas theorem

Explanation:

The Thomas theorem was a concept formulated first in 1928 by Isaac Thomas and Dorothy Swaine Thomas. Together they argue how situations can have strong consequences depending on the interpretation of situations which cause the real effect and drive the actions.

The facts are for them not so relevant as the beliefs & interpretation itself of what happens, then any rumours of insolvency or cases of bankruptcy resulted simply by the mere beliefs and other great financial collapses can be explained in terms of the Thomas theorem.

Beliefs and the way happenings are interpreted has a profound impact and consequences.

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What are the two checks and balances built into the steps of lawmaking?
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The two checks and balances that are built into steps of the lawmaking are the following;

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Marguerite is a psychologist who lives in America. She wants to administer personality tests in her native country of Togo to de
Snowcat [4.5K]

The correct answer would be, Cultural Comparative Approach.

Testing Western ideas in other cultures is the Cultural Comparative Approach to the study of personality.

Explanation:

A cultural comparative approach is an approach which compares two cultures with each other. In this approach, the Western ideas are tested in other cultures to see if these ideas can be generalized in those cultures or not.

Cultural differences have impacts on people's personalities. All psychologists have consensus that culture affects one's personality generally.

For example, If a person is in Pakistan, and then goes to United States of America, his or her personality will usually be affected by the the new culture. In Pakistan, women usually wear traditional dresses, because it is in their culture. But when they go to USA, they usually wear jeans or skirts and tops, as it is usually worn by women in USA. In this way the personality of the people are affected by the difference in cultures. Similarly, Halloween or other events are not celebrated in Pakistan, but when people go to USA, they celebrate such events, as these are the part of USA's Culture now.

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How to Calculate cash flows. add your net profits and depreciation, then subtract your capital expenditure and alternate in working capital. free cash float = net income + Depreciation/Amortization – change in running Capital – Capital Expenditure.

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