The Spark That Ignited World War I Was

question 52

Multiple Choice

The spark that ignited World War I was

• A) the assassination of Archduke Ferdinand in Sarajevo.
• B) Germany's invasion of Poland.
• C) the British naval blockade in the Atlantic.
• D) the storming of the French Bastille.

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Definitions:

Fly By Night

A term describing businesses or individuals that appear transient, unreliable, or not committed to long-term obligations.

Output Levels

The quantity of goods or services produced by a company or an economic system within a specific period.

Fixed Cost

Costs that do not vary with the level of output or sales, such as rent, salaries, and insurance premiums.

Total Cost

The complete cost of production, including both fixed and variable costs.