The Basic Characteristic of an Economic Resource Is That It

question 11

Multiple Choice

The basic characteristic of an economic resource is that it

• A) is made by machine.
• B) is free.
• C) is relatively scarce.
• D) consists of buildings, equipment, and inventories.
• E) comes from the earth.

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Definitions:

Discrimination

The unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

African American Customers

Individuals of African descent in the American population, considered in the context of consumer behavior or market demographics.

Derogatory Stereotypes

Negative generalizations about a group of people that are often unfair or untrue, leading to prejudiced attitudes and discrimination.

Prejudice

Preconceived opinion that is not based on reason or actual experience, often directed towards a person or group.