Which of the Following Is a Characteristic of the Marketing

question 13

Multiple Choice

Which of the following is a characteristic of the marketing economy phase of the American economy?

• A)People were self-sufficient and produced everything they needed at home,including food,clothing,and furniture.
• B)People found natural resources such as coal and iron ore and used them to produce goods such as horseshoes.
• C)Farm families who produced surplus goods sold or traded them for things they could not produce themselves.
• D)Expensive goods such as cars and appliances could be purchased on a time-payment plan.
• E)Factories began to spring up along the railways to manufacture farm equipment and a variety of other goods to be shipped by rail.

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Definitions:

Short-Term Memory Loss

A condition where an individual has difficulty retaining recent information, often lasting from a few seconds to a minute.

Levels Of Processing Theory

Levels of processing theory proposes that the depth (shallow to deep) of mental processing affects how well information is remembered, with deeper processing leading to better memory.

Exam

A formal test of a person's knowledge or proficiency in a subject or skill.

Procedural Memory

A type of long-term memory that is responsible for knowing how to perform certain skills and tasks, such as riding a bicycle or typing, without consciously thinking about them.