Which of the Following Are Not Among the Four Categories

question 48

Multiple Choice

Which of the following are not among the four categories accounting for three-quarters of consumer spending?

• A)Utilities
• B)Clothing
• C)Food
• D)a and b
• E)a, b, and c

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Definitions:

Economic Failure

A situation where an economy fails to meet its expected goals or outcomes, leading to negative impacts such as recession, high unemployment, or significant financial losses.

Anti-Chinese Sentiment

Prejudice, hostility, or racism directed against people of Chinese origin or descent, often manifesting in social, political, and economic contexts.

Severe Economic Depression

A prolonged period of significant decline in economic activity across a country or the world, characterized by high unemployment, falling prices, and diminished trade.

1870s

A decade during the 19th century noted for post-Civil War Reconstruction in the United States and significant industrial and social changes globally.