As a Group,peasants Can Be Distinguished from Modern Farmers Because

question 78

Multiple Choice

As a group,peasants can be distinguished from modern farmers because they produce primarily:

• A) to accumulate wealth.
• B) for family subsistence.
• C) to pay for religious ceremonies.
• D) for reinvestment of capital.
• E) for export.

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Definitions:

Goods and Services

Products and activities that fulfill the needs or wants of consumers, with goods being tangible items and services being intangible offerings.

Operations Strategies

Plans and policies designed to achieve the efficient and effective production and distribution of a company's products or services.

Strategic OM Decisions

Decisions in operations management that are concerned with long-term planning and involve the overall direction of the company, including choices related to the design of products and processes, location of facilities, and capacity planning.

Tariff Barriers

These are taxes or duties imposed on imported products by a country to protect its domestic industries from foreign competition or to generate revenue.