Pastoral and Horticultural Societies Are Not Capable of Generating Material

question 41

True/False

Pastoral and horticultural societies are not capable of generating material surplus.

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Definitions:

Assignee

An individual or entity to whom rights or interests have been transferred by another party.

Assignor

A party who transfers rights or interests in a property, contract or other legal entity to another party, known as the assignee.

Third-Party Beneficiary

An individual or entity who, though not a party to a contract, benefits from the contract's performance by the contracting parties.

Promisor

The person in a contract who pledges to undertake an action or provide a service or good.