In Order to Societies to Reap the Gains from Trade

question 33

Multiple Choice

In order to societies to reap the gains from trade, it is necessary to

• A) distribute resources equally.
• B) achieve productive efficiency.
• C) foster economic growth.
• D) define and enforce property rights.

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Definitions:

Sex Hormones

Chemical substances produced by the gonads (ovaries and testes) that regulate many aspects of sexuality and reproduction as well as secondary sexual characteristics.

Puberty

The developmental stage during which children mature sexually and physically into young adults.

Gender Typing

The way in which a child comes to understand their gender identity and, as a result, starts to embody the behaviors and norms of the gender they feel is their own.

Social Connectedness

The feeling of belonging and personal involvement in a network of relationships.