Select the Word or Phrase That Best Matches the Definition

question 4

Multiple Choice

Select the word or phrase that best matches the definition or example.
-South African movement that sought to foster pride,unity,and political awareness among the country's African majority and often resorted to violent protest against white minority rule.

• A)decolonization
• B)Indian National Congress
• C)Mahatma Gandhi
• D)satyagraha
• E)Muslim League
• F)Muhammad Ali Jinnah
• G)Abdul Ghaffar Khan
• H)African National Congress
• I)Nelson Mandela
• J)Black Consciousness
• K)Soweto
• L)military government
• M)Mozambique's civil war
• N)globalization of democracy
• O)import substitution industrialization
• P)export-led industrialization
• Q)Mustafa Kemal Atatürk
• R)Ayatollah Ruhollah Khomeini

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Definitions:

Marginal Cost

The expenditure required to create one more unit of a product.

Producer Surplus

The difference between the amount that producers are willing and able to sell a product for and the actual amount they do sell it for.

Demand Curve

A visual plot that illustrates the connection between the cost of a product and the amount of it buyers are prepared and capable of buying at different price levels.

Supply Curve

A visual chart that illustrates how the price of a product correlates with the amount of the product that sellers are prepared to offer.