The Basis of Social Facts

The video discusses the nature of social facts, particularly in the context of insurance policies and liabilities. It highlights how these facts are central to our social world and often depend on non-human elements. The ontology of these facts is explored, showing that they can be based on various non-human factors. The video concludes by examining the building blocks of social constructs, emphasizing that they do not need to be human-centric.

What is a key characteristic of social facts in the context of insurance policies?

• They are irrelevant to financial agreements.

• They often do not rely on human elements.

• They are solely based on natural phenomena.

• They always depend on human elements.

How are insurance policies typically formed?

• Through automated computer algorithms.

• By mutual agreements between parties.

• Through random selection by the company.

• Based on government regulations only.

What is the significance of understanding the terms and conditions in an insurance policy?

• They are irrelevant to the policy's validity.

• They are only important for the insurance company.

• They define the liabilities and obligations of the parties involved.

• They determine the color of the policy document.

What can the ontology of social facts depend on?

• Strictly financial data.

• Non-human elements like forests or remote events.

• Only legal documents.

• Only human-centric elements.

What flexibility exists in defining the building blocks of contracts?

• They can be defined as per the stipulations of the parties involved.

• They are fixed by international law.

• They must be strictly human-centric.

• They must be based on historical precedents.