Education Makes People More Receptive to New Ideas and Methods

question 73

True/False

Education makes people more receptive to new ideas and methods, which leads to economic development.

---

Definitions:

Demand Price

The maximum amount consumers are prepared to spend on a product or service for a specific quantity.

Taxicab Medallions

License plates issued by a local government authority that allow a vehicle to operate as a taxi.

New York

A state in the northeastern U.S., known for New York City, a major cultural, financial, and commercial center, as well as other notable regions like the Adirondacks and the Finger Lakes.

1930s

A decade during which the world experienced the Great Depression, characterized by significant economic hardship, high unemployment, and major shifts in economic policies.