Farm Price Support Programs Most Often Take the Form of Price

question 63

Multiple Choice

Farm price support programs most often take the form of price

• A)Ceilings,which cause shortages.
• B)Floors,which cause shortages.
• C)Ceilings,which cause surpluses.
• D)Floors,which cause surpluses.

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Definitions:

Multiculturalism

The co-existence of diverse cultures, where culture includes racial, religious, or cultural groups and is manifested in customary behaviors, cultural assumptions, and values, patterns of thinking, and communicative styles.

Communism

A political and economic ideology advocating for a classless society in which the means of production are owned and controlled by the community as a whole.

Consumerism

A social and economic order that encourages the purchase of goods and services in ever-greater amounts.

Cultural Diffusion

The spread of cultural beliefs and social activities from one group to another, blending and integrating different cultural practices.