Which of the Following Is an Example of an Intermediate

question 7

Multiple Choice

Which of the following is an example of an intermediate good?

• A)The flowers that Mr.Grover buys at a local nursery
• B)The flowers that Timmy picks from a neighbor's garden and brings to Mrs.Grover
• C)The flour that Grandma buys to bake a birthday cake
• D)The flour that Joe buys so that he can eat pizza three nights a week
• E)The flour that Amy orders each month for the bakery she manages

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Definitions:

Capitalist Societies

Societies organized around the principles of capitalism, where private ownership, the profit motive, and market competition dominate economic and social relations.

Collective Resistance

The act of groups working together to oppose or resist authority, policy, or convention deemed unjust.

Individual Acts

Actions or behaviors carried out by individual persons, often considered in the context of how they impact or are impacted by larger social systems.

Industrial Economy

An economic system characterized by the extensive development of manufacturing, large-scale production, and the utilization of heavy machinery and advanced technologies.