One of the Ways That Human Beings Have Established Societies

question 21

Multiple Choice

One of the ways that human beings have established societies that flourish is through the cultural adaptation to the environment,which is also known as

• A) the economy.
• B) capitalism.
• C) a commodity chain.
• D) industrialism.

Understand how technological advancements affect the demand for labor.

Grasp the mathematical relationship between the number of workers hired, their marginal product, and the optimal production levels.

Understand the conceptual framework comparing labor-saving versus labor-augmenting technological progress.

Explain the factors contributing to increases in output per worker over the past decades.