When people's beliefs about the inferiority of a certain group undergo change the process is called________________?
Correct answer: B. cultural change
- A. social change
- B. cultural change
- C. political change
- D. radical change
Explanation
Changing beliefs about a group’s supposed inferiority reflects cultural change because it alters shared values, attitudes, and meanings. Social change is broader and may include changes in institutions or social relationships.
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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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