The Transition from Gathering and Hunting to Sedentary Agriculture, Made

question 5

Multiple Choice

The transition from gathering and hunting to sedentary agriculture, made possible a significant increase in ____________.

• A) The quality of life
• B) Male dominance
• C) The welfare of women
• D) Population

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Definitions:

Revealed Preferences

A concept in economics that preferences of consumers can be inferred by observing their purchasing habits and behaviors.

Francs

A former unit of currency in France and other countries, replaced by the Euro in many instances.

Utility Function

An equation that assigns numerical values to different combinations of goods and services, capturing the level of satisfaction or preference that an individual derives from these combinations.

Paasche Price Index

An economic measure that calculates the change in the level of prices of a basket of goods and services purchased in the current period, compared to a base period, using the quantities bought in the current period.