By the Mid-1930s

question 13

Multiple Choice

By the mid-1930s

• A) the Guomindang had driven the Japanese from Manchuria.
• B) all vestiges of the Confucian past were gone from Chinese life.
• C) a Confucian education was still considered to be vital, as seen in the restoration of the Civil Service Examinations.
• D) Chinese urbanites had become much more Westernized in fashions and social practices, but most rural Chinese still clung to traditional ways.
• E) women's rights had replaced filial piety as the driving social force in China.

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Definitions:

Marginal Utility

refers to the additional satisfaction or utility gained from consuming one more unit of a good or service.

Millionaires

Millionaires are individuals whose net worth or wealth is equal to or exceeds one million units of currency.

Budget Line

A graphical representation showing the combination of goods a consumer can purchase and consume within their income level at specific prices.

Equilibrium

A state where market supply and demand balance each other, and as a result, prices become stable.