What Is the Source of Social Change That Includes Cataclysmic

question 68

Multiple Choice

What is the source of social change that includes cataclysmic events such as floods, droughts, volcanic eruptions, and earthquakes?

• A) technological change
• B) population explosion
• C) physical environment
• D) discovery

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Definitions:

Owner's Equity

The residual interest in the assets of an entity after deducting liabilities, representing the ownership stake of the business owners.

Income Statement

A financial statement that shows a company's revenues and expenses over a specified period, leading to its net profit or loss.

Net Income

The amount of money left after all expenses, taxes, and costs have been subtracted from total revenue.

Owner's Equity

Represents the residual value of a business's assets after deducting its liabilities, indicating the ownership interest of the business owners.