INSTRUCTIONS: Choose the Word or Phrase in [ ] That

question 70

Short Answer

INSTRUCTIONS: Choose the word or phrase in [ ] that will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
Life insurance proceeds paid to your heirs [ are | are not ] generally subject to state or federal income taxes.

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Definitions:

Peasants

Individuals engaged in small-scale agriculture or rural farming communities.

Industrial Food Production

is the large-scale, mechanized manufacture of food products, utilizing advanced technologies and processes for mass production and distribution.

International Specializations

The phenomenon where countries focus on the production and export of goods and services that they can produce efficiently and trade for what they cannot produce as efficiently.

Petroleum Industry

An industry that deals with the exploration, extraction, refining, transporting, and marketing of petroleum products.