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Match Each Term with Its Definition

question 24

Multiple Choice

Match each term with its definition.
-Indicates that the amount paid is greater than was due or that the account is being paid in advance of service provided


Definitions:

Resources

The assets, materials, and inputs used to produce goods and services, including natural resources, human talent, and capital.

Fascism

A political ideology characterized by authoritarian power, dictatorial leadership, and the suppression of democratic institutions and societal opposition.

Means of Production

The physical, non-human inputs used for the production of economic value, such as factories, tools, and raw materials.

Standard of Living

measures the wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a geographic area.

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