An Example of Community Development Practice Implemented by the Aboriginals

question 18

Multiple Choice

An example of community development practice implemented by the Aboriginals is the building of coalitions and

• A) contracting experts to educate their children.
• B) assimilating their children with the foreigners.
• C) filtering new learning to fit in with traditional values.
• D) educating people about their rights.
• E) learning about the global economy.

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Definitions:

Mark-Up Percentage

The proportion added onto the goods' purchase price to account for overhead costs and profit margins.

Variable Costs

Expenses that change in proportion to the activity or volume of operations in a business.

Cost-Plus Pricing

A pricing strategy where a fixed percentage or amount is added to the cost of producing a product or service to determine its selling price.

Full Cost

The total cost of production that includes both direct and indirect costs, such as raw materials, labor, and overhead.