exam 2 terms

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9 Terms

1

Collectivist cultures

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

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2

Collectivism

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

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3

Individualism

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

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4

Capitalism

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

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5

Power

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

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6

Property

A shortcut way to describe both income and wealth.

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7

Income

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

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8

Wealth

Total value of everything owned minus any debts.

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9

Prestige

Respect or regard, particularly for someone's occupation.

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