The Objective of Britain's Partition of Its South Asian Colony

question 252

True/False

The objective of Britain's partition of its South Asian colony in 1947 was to carve up the region's territory according to the general geographic distribution of languages.

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Definitions:

Utility Maximization

The economic principle that individuals or firms attempt to allocate their resources in a manner that maximizes their satisfaction or profit.

Marginal Utility

The supplementary enjoyment a consumer experiences when they consume an extra unit of a good or service.

Budget Constraints

Budget constraints represent the limitations on the spending choices of consumers based on their income and the prices of goods and services.

Total Utility

The overall satisfaction a consumer receives from consuming a particular quantity of goods or services.