All of the Following Contributed to the Lack of Development

question 8

Multiple Choice

All of the following contributed to the lack of development of art and artists in early colonial America EXCEPT

• A) simplicity of pioneering life.
• B) lack of subjects to paint.
• C) lack of talent among the Americans.
• D) lack of patrons who could afford the expensive art.
• E) lack of art schools in America.

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Definitions:

Income Effect

The change in an individual's consumption resulting from a change in their real income, affecting their purchasing power.

Normal Good

A type of good for which demand increases as the income of individuals or the economy grows.

Substitution Effect

The substitution effect occurs when consumers replace more expensive items with less costly alternatives.

Income Effect

A change in the quantity demanded of a good or service as a result of a change in real income (purchasing power).