The Second Demographic Transition in Europe Is Defined By

question 27

Multiple Choice

The second demographic transition in Europe is defined by:

• A) a new family movement.
• B) rising population within the European Union caused by generous state benefits.
• C) the integration of markets for selling their products.
• D) the decline in fertility to a level well below replacement.
• E) the use of technology to improve fecundity.

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Definitions:

Nonexcludable

A characteristic of a good or service whereby individuals cannot be effectively excluded from using it, often resulting in public goods.

Public Good

A product or service that is made available to all members of society, characterized by non-excludability and non-rivalry in consumption.

Free-Rider Problem

A situation where some individuals consume more than their fair share of a public resource, or do not pay for their share, leading to underproduction or depletion of the resource.

Drop-In-The-Bucket Problem

A problem intrinsic to public goods: The good or service is usually so costly that its provision generally does not depend on whether any single person pays.