A Software Package That Allows Users to Electronically Store Large

question 86

Multiple Choice

A software package that allows users to electronically store large amounts of data and to transform the data into information is a(n) ____ program.

• A) desktop publishing
• B) accounting
• C) database management
• D) computer-aided design
• E) spreadsheet

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Definitions:

Self-Sufficiency

The ability of an individual, community, or nation to provide for all of its needs without external assistance.

Economic Interaction

Economic interaction involves the exchange of goods, services, and resources among individuals, businesses, and governments within and across economies.

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than other competitors.

Absolute Advantage

The ability of an entity to produce a good or service more efficiently (using fewer resources or generating higher output) than another entity.