When old rules and laws are ignored, and rebellious crowds set up new rules of behavior social scientists call this situation________________?
Correct answer: B. revolution
- A. convergence
- B. revolution
- C. collective behavior
- D. coup d,etat
Explanation
A revolution involves the rejection of existing rules and institutions and the creation of a substantially new order. Convergence explains how people with similar ideas gather, while a coup is a seizure of power by a small group.
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The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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