Material Culture Includes

question 11

Multiple Choice

Material culture includes

• A)physical objects people have invented, such as a diamond ring.
• B)conceptions of what is right and good, such as "true friendship".
• C)the desire for material possessions.
• D)rules for behavior, such as "stop for pedestrians in crosswalk".

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Definitions:

Living Standards

A measure of the wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Specific Skills

Skills that are highly specialized and pertinent to a specific job or industry, enabling a worker to perform particular tasks efficiently.

Disequilibrium

A market condition where there is a mismatch between the quantity supplied and the quantity demanded, preventing market equilibrium.

Government Intervention

The involvement by the government in the market to influence economic outcomes.