Resource Development Is

question 128

Multiple Choice

Resource development is

• A) the study of how society chooses to employ resources to produce goods and services and distribute them for consumption among various competing groups and individuals.
• B) the study of how to increase the amount of available resources and create conditions that will make better use of these resources.
• C) the part of economics that looks at the operation of a nation's economy as a whole.
• D) the part of economics that looks at particular markets.

---

Definitions:

Life Expectancy

The average number of years an individual is expected to live, based on current mortality and health trends.

Richest 1 Percent

The segment of the population that holds the majority of wealth and economic power in a society, often discussed in the context of income inequality.

Poorest 1 Percent

The segment of a population that holds the least wealth and financial resources, often highlighting issues of economic inequality.

Gender Role Expectations

The societal norms dictating the behaviors, interests, and responsibilities appropriated to individuals based on their perceived gender.