Which of the Following Is True About Cultural Change in the United

question 19

Multiple Choice

Which of the following is true about cultural change in the United States?

• A) Elderly Americans are less socially engaged now than elderly Americans were 40 years ago.
• B) On average, Americans are more likely to belong to formal organizations now than they were 40 years ago.
• C) Americans socialize more now than they did 40 years ago.
• D) Americans are more trusting now than they were 40 years ago.
• E) Americans value materialism more now than 40 years ago.

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Definitions:

Comparative Advantage

The competency of a country, individual, corporation, or region to manufacture a good or provide a service at a reduced opportunity cost than that of its competition.

Relative Efficiency

A measure of how effectively an entity (such as a firm or economy) utilizes its resources compared to another, often used to identify opportunities for improvement.

Absolute Efficiency

A state where resources are allocated in the most effective way possible, achieving maximum output with given inputs.

Natural Endowment

Resources found in nature that have economic value or utility, such as minerals, forests, and water.