The Availability of a Large U

question 39

True/False

The availability of a large U.S.domestic market and the relative distance to foreign markets resulted in U.S.manufacturers simply not feeling a compelling need to seek business beyond national borders.

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Definitions:

Income Classes

Categories of individuals or households separated by levels of income used for analysis and policy-making in economics and sociology.

Happiness Increases

Refers to the rise in a person's subjective well-being or satisfaction levels, often resulting from favorable life circumstances or experiences.

Income Level

The amount of monetary or non-monetary earnings produced by an individual or entity within a specified period.

Marginal Utility

The extra pleasure or benefit a person receives from using an additional unit of a product or service.