______________ Are Based on Technology That Mechanizes Production

question 150

Multiple Choice

______________ are based on technology that mechanizes production.New technologies,such as the invention of the steam engine and fuel-powered machinery,stimulated many changes.

• A)Agrarian societies
• B)Industrial societies
• C)Horticultural and pastoral societies
• D)Hunting and gathering societies

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Definitions:

Opportunity Cost

The cost of missing out on the second-best choice when making a decision.

Taco

A traditional Mexican dish consisting of a folded or rolled tortilla filled with various mixtures, such as meat, cheese, and vegetables.

Milkshakes

A sweet, cold beverage made from milk, ice cream, and often flavorings or sweeteners like butterscotch, caramel sauce, or chocolate syrup.

Budget Line

A graphical representation of all possible combinations of two goods that can be purchased with a given budget at fixed prices.