Which of the Following Examples Is Representative of Social Change

question 34

Multiple Choice

Which of the following examples is representative of social change through culture?

• A) The indigenous population of Australia has remained hunters and gatherers,rather than cultivators of farmland.
• B) Japan has remained a highly forested state because of policies established centuries ago to protect the natural environment.
• C) Several modern discoveries in science were brought about by the space race between the United States and Russia.
• D) Dr.Martin Luther King Jr.led a movement for social change based on the tenets of liberation theology.

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Definitions:

Stock Split

A corporate decision to fragment its current shares into additional shares to raise the market fluidity of the shares.

Clientele Effect

A theory suggesting that the types of investors attracted to a company depend on the company's dividend policy and related tax treatments.

Compromise Dividend Policy

A strategy that aims to balance between retaining earnings for reinvestment and paying dividends to shareholders.

Residual Dividend Approach

A policy for determining dividend payments whereby dividends are set as the earnings left over after funding the company's capital expenditure and working capital needs.