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According to Cohen, which of the following is the best example of the 'market arena'
in the institutional
arenas?
c. the arena for paid labor, economic exchange, and wealth accumulation
a. a place where political behavior is regulated and resources are redistributed
d. the place where individuals internalize the elements of the social structure
b. the social space for practicing intimacy, childbearing, and socialization

Sagot :

GinnyAnswer

Final answer:

The 'market arena' in institutional arenas refers to the arena for paid labor, economic exchange, and wealth accumulation.


Explanation:

The best example of the 'market arena' in the institutional arenas according to Cohen is:

- The arena for paid labor, economic exchange, and wealth accumulation.

This refers to the space where individuals participate in labor markets, engage in economic transactions, and accumulate wealth through various exchange processes.

This exemplifies the concept of market exchange as a key social institution that plays a crucial role in society's distribution of goods and services.


Learn more about Market exchange here:

https://brainly.com/question/36596961


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