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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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3 ways of how we can cure recession
Nimfa-mama [501]
All three of the Government, companies, and public have steps to do to stop recession. I'll give you one for each.
-The Government can Encourage exportations. No country can satisfy its need by its own. So encouraging exportation will help to not cause inflation in the country, turning the country from consumer to producer.
-The companies can try to innovate their products based on the customers wants. This will help the company to stay in the race against the others. The key is keeping customers satisfied.
-The public can work more. You should always try to work a little more than average, increasing your work hours per week. This will not harm anyone, but help your country.

Hope this Helps! :)
5 0
4 years ago
In a study, participants watch a video (with no sound) of two people in a vigorous discussion. After the video, researchers tell
Tanya [424]

Answer:

The good Gestalt Principle

8 0
3 years ago
You are on the scene of a motor vehicle collision in which a car has driven off the roadway and is resting at the bottom of an e
saul85 [17]

Answer: A

Explanation:

Performing Rapid Extrication would increase the rate at which this patient will survive. Looking at every other option to see if it's the most important or could boost the chance of survival the most.

B. Administering Oxygen is dependent on availability, which we cannot assume is available always. But what is available? You as a rescuer.

C. Time is of the essence, and reading the candy wrapper can be tantamount to wasting prescious time.

D. Very unlikely to be the first response.

7 0
3 years ago
Will gave brainllest! Choose. What did the laissez-faire economic theory state? "
drek231 [11]

Answer:

A. if a buisness was left, it would act to benefit the nation

Explanation:

According to laissez-faire economic theory , The market will essentially determine which action is the best for the country economically if the government did not make any form intervention to it.

Supporters of  laissez-faire economic argued that this freedom will encouraged people to compete and produce as much wealth as possible . The country will benefit from this increase in wealth.

But during the implementation, this  viewed possessed a lot of problem.

For example, government interventions are the one that create draws to make sure that businesses competition run fairly without any intervention. Without it, businesses will most likely compete by utilizing dirty tricks to cut off their competitors.

5 0
3 years ago
Globalization does not affect a people's culture nor the way companies do business.
Maurinko [17]
I believe the answer is b. false. 
4 0
3 years ago
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