In the Past,the Vast Majority of People Lived in Rural

question 92

Multiple Choice

In the past,the vast majority of people lived in rural areas and small towns where it was truly shocking to encounter a genuine stranger,but today most of us live in cities where we are constantly surrounded by total strangers.This leads directly to:

• A) suburbanization.
• B) a demographic transition.
• C) social atomization.
• D) increased divorce rates.

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Definitions:

Shipping Charges

The fees associated with the transport of goods from the seller to the buyer, often based on factors like weight, distance, and delivery speed.

Factors Of Production

The resources used to create goods or services, typically categorized into land, labor, capital, and sometimes entrepreneurship.

Short-Run

A time period in economics during which at least one input, such as plant size, is fixed and cannot be altered by a firm to respond to market changes.

Total Economic Cost

The sum of explicit and implicit costs, representing the total expense associated with producing a good or service.