The Theory That Maintains That Although Some Changes in the Earth's

question 23

Multiple Choice

The theory that maintains that although some changes in the earth's surface are immediately observable and caused by erosion and other natural processes, other changes are caused by gradual processes over extremely long periods of time is called:​

• A)​natural selection
• B)​catastrophism
• C)​linearism
• D)​uniformitarianism

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Definitions:

Current Account Deficit

A situation where a country's total imports of goods, services, and transfers exceed its total exports, indicating it is spending more abroad than it is earning.

Capital Account Surplus

Occurs when a country has more incoming foreign investments and transfers than outgoing, influencing the nation's balance of payments and potentially affecting its currency value.

Gold Standard

A monetary system where a country's currency or paper money has a value directly linked to gold.

Trade Deficit

A situation occurring when a country's imports exceed its exports, resulting in a negative balance of trade.