Quick Definition

Conflict theory is a sociological perspective that emphasizes the role of competition and conflict between social groups over resources and power, influencing economic structures and market behaviors.

Examples

• 1In the stock market, conflict theory can be observed in the competitive dynamics between institutional investors and retail traders, often leading to volatile price movements.
• 2During economic downturns, conflict theory explains the increased competition for scarce jobs and resources, impacting wage levels and employment rates.
• 3In corporate governance, conflict theory is evident in the power struggles between shareholders and management, which can influence company policies and strategic decisions.

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