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SS-Chapter 2

American Society and Its Values

rules Specific expectations about what our behavior should be.
social institutions Systems of values and rules that determine how our society is organized. Five major institutions in our society are the family, religion, education, the economy and government.
socialization The process of learning how to participate in a group; learning to accept the values i a group and learning the rules for behavior within it.
family The most basic social institution in any society.
blended family Families made up of adults and their children from previous marriages.
economy A system of producing and distributing goods and services to fulfill people's wants.
democracy A system of government in which the power is shared by all the people.
price The amount a person must pay for a good or service.
monarchy A form of government in which all or most of the power is in the hands of one individual, the monarch, whose authority is hereditary.
money Anything that is generally accepted as payment for a good or service.
consumer A person who uses, or consumes, goods and services to satisfy his or her wants.
market A place or situation in which an exchange of goods or services takes place, such as stores, shops, or stock exchanges
Created by: czar13