A ________ Is a Historically Occurring Set of Social Relations

question 21

Multiple Choice

A ________ is a historically occurring set of social relations through which labor is organized to extract energy from the environment by means of tools, skills, organization, and knowledge.

• A) Means of production.
• B) Mode of production.
• C) Relation of production.
• D) Subsistence strategy.

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Definitions:

Equity

The ownership interest of shareholders in a corporation, represented by the assets minus the liabilities.

Accounts Receivable

The amount due to a company from its clients for goods or services that have been dispatched or consumed, but payment has not been received.

Capital

The assets, including money, that a person or organization possesses or has available for specific uses like launching a business or making investments.