Which of the Following Is NOT a Characteristic of Preindustrial

question 17

Multiple Choice

Which of the following is NOT a characteristic of preindustrial economies?

• A)In hunting and gathering societies,the production units are small and most goods are produced by family members.
• B)In horticultural and pastoral societies,the economy becomes distinct from family life.
• C)Most workers engage in primary sector production in preindustrial economies.
• D)The distribution process becomes less complex with the accumulation of a surplus.

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Definitions:

Donee Beneficiary

An external party that gains advantages from an agreement established between two different parties.

Delegation

The process of assigning authority and responsibilities to others to carry out specific activities or tasks.

Assignment Effective

The point in time when a contractual assignment of rights or interests from one party to another becomes valid and enforceable.

Obligor

A person or entity legally obligated to provide a payment or service to another under the terms of a contract.