_____ Is the Study of How Resources Are Distributed for the Production

question 41

Multiple Choice

_____ is the study of how resources are distributed for the production of goods and services within a social system.

• A)Public relations
• B)Sociology
• C)Demographics
• D)Psychographics
• E)Economics

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Definitions:

Joint Tenancy

A form of property ownership in which two or more individuals hold equal shares and rights; upon the death of one tenant, their share automatically transfers to the surviving tenant(s).

Life Tenant

An individual who has the right to use and benefit from property during their lifetime, after which the property passes to another designated party.

Reduce Its Value

An action or event that decreases the worth of something, affecting its marketability or usefulness.

Future Interest

An interest in real or personal property that will begin at a future date through a legal arrangement, such as a will or trust.