Changes in the Composition of Demand Among Industries or Regions

question 76

True/False

Changes in the composition of demand among industries or regions are called sectoral shifts.

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Definitions:

Well-Regulated Militia

historically refers to a group of citizens organized for military service in order to provide for the common defense, as mentioned in the Second Amendment.

Bear Arms

The right to possess and carry weapons, often cited in the context of the Second Amendment of the United States Constitution.

Debts Incurred

The financial obligations or liabilities accumulated over time by an individual, organization, or country as a result of borrowing money or obtaining goods and services.

Independence

The condition of a nation, country, or state which exercises self-government, and sovereignty, free from external control.