Specialization and Trade

question 45

Multiple Choice

Specialization and trade

• A)developed only where government and political institutions were stable.
• B)arose as humans changed from nomadic and self- sufficient food gatherers to settled food producers.
• C)*- exist only in capitalist economies.
• D)occur only in the private sector.
• E)developed only in the twentieth century.

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Definitions:

Social Needs

Refers to the human requirements for belonging, affection, acceptance, and friendship among social groups and communities.

Initiating Structure

A leadership behavior that involves setting up clear roles, responsibilities, and tasks for team members, aimed at organizing work and establishing clear directions.

Nurturing Followers

The act of supporting and encouraging followers’ development and well-being to enhance their performance and growth.

Employee Orientation

An approach or attitude by management that prioritizes the well-being, satisfaction, and development of employees in an organization.