Franz Boas Found That One of the Major Differences Between

question 88

Multiple Choice

Franz Boas found that one of the major differences between first-generation immigrants to the United States and their children was in the area of:

• A) education levels
• B) earning potential and access to resources
• C) height
• D) communicable diseases

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Definitions:

Private Consumption

Expenditure by households on goods and services, excluding purchases of dwellings, which is a key component in the calculation of a country's Gross Domestic Product (GDP).

Pareto Efficient

An economic condition wherein resources are allocated in such a way that it is impossible to make any one individual better off without making at least one individual worse off.

Public Good

A product that one individual can consume without reducing its availability to another individual and from which no one is excluded.

Private Good

A product or service that is excludable and rivalrous, meaning its consumption by one individual prevents others from consuming it.