Decisions That Control the Supply Itself-For Example, What Proportion of the Federal

question 12

Multiple Choice

Decisions that control the supply itself-for example, what proportion of the federal budget will be spent on medical care-are generally referred to by what term?

• A) macroallocation
• B) microallocation
• C) Medicaid
• D) Dialysis

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Definitions:

Caste-Like Systems

Social stratification systems similar to the caste system, where the social hierarchy is rigid and individuals' positions are fixed at birth.

Agricultural Societies

Those in which plows and animal power are used to substantially increase food supply and dependability as compared with horticultural and pastoral societies. Agricultural societies first emerged about 5000 years ago. Average settlement size and permanence, the division of labor, productivity, and inequality are higher in agricultural societies than in horticultural and pastoral societies.

Class Analysis

The study and examination of social classes and their relationships, often focusing on issues of inequality and power.

Property Owners

Individuals or entities that hold legal title to land, buildings, or other assets.