Shippers of Natural Resources Who Contract with Intermodal Shipping,such as Maersk

question 6

True/False

Shippers of natural resources who contract with intermodal shipping,such as Maersk and BNSF,also benefit from economies of scale.

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Definitions:

Laissez-Faire Approach

An economic principle advocating minimal government intervention in the marketplace and allowing private sector freedom in economic decisions.

Natural Selection

The biologically based principle that environmental pressures allow certain beneficial traits to be passed on to future generations.

Evolution

The biological process by which genetic mutations are selected for, and against, through environmental pressures.

Organic Analogy

A comparison that likens societies to living organisms, suggesting that each part of society functions in harmony for the maintenance of the whole.