Which of the Following Was Not a Way to Meet

question 64

Multiple Choice

Which of the following was not a way to meet the population's resource needs during the Archaic Age?

• A) Trade
• B) Colonies
• C) Land assignments
• D) Warfare
• E) All of these were ways of meeting the population's needs.

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Definitions:

Current Cost

The cost to replace an asset or settle a liability at the current market rate, as opposed to its historical purchase price or book value.

Average Cost

A calculation that divides the total cost of goods available for sale by the total number of units available for sale, determining the cost per unit.

Exchange Rates

The rate at which one currency can be exchanged for another, dictating how much of one currency you can get for a unit of another currency.

Foreign Supplier

A business based in another country that provides goods or services to companies or consumers in a different nation.