Which of the Following Attributes Distinguishes States from Chiefdoms

question 25

Multiple Choice

Which of the following attributes distinguishes states from chiefdoms?

• A) armed conflict between competing communities
• B) sharp class distinctions
• C) a paramount ruler
• D) a subsistence economy based on domesticated species
• E) large residences

Understand the concept of production possibility frontiers (PPFs) and their shapes.

Identify factors that lead to the movement between points on the PPF.

Analyze the impact of opportunity costs in the production of goods.

Understand the implications of economic growth and technological advancements on the PPF.

---

Definitions:

Real Interest Rate

The rate of interest an investor, saver, or lender receives (or expects to receive) after allowing for inflation.

Domestic Investment

The total amount of money invested within a country’s borders by both the private and public sectors.

Net Capital Outflow

In economic terms, it's the net flow of capital, both monetary and physical, out of a country, taking into account investments abroad minus foreign investments domestically.

National Saving

The total of private and public savings in a country, often considered as the sum of household, business, and government savings.