exam 2 terms

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9 Terms

1
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Collectivist cultures

Cultures that emphasize family and work group goals above individual needs or desires, such as those found in China, Korea, and Japan.

2
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Collectivism

A cultural orientation that prioritizes the goals of the group over individual needs.

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Individualism

The habit or principle of being independent and self-reliant, favoring individual freedom over collective control.

4
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Capitalism

An economic system characterized by private ownership of resources and a tendency to correlate with individualism.

5
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Power

The ability to carry out your will even over the resistance of others.

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Property

A shortcut way to describe both income and wealth.

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Income

Money received from a job, wages, or similar sources.

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Wealth

Total value of everything owned minus any debts.

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Prestige

Respect or regard, particularly for someone's occupation.