Urbanization Is the Process by Which Societies Are Transformed from Dependence

question 119

True/False

Urbanization is the process by which societies are transformed from dependence on agriculture and handmade products to an emphasis on manufacturing and related industries.

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Definitions:

Bearer Form

A method of issuing securities whereby the certificate does not record the owner's name, making possession of the physical certificate equivalent to ownership of the security.

Income Taxes

Taxes imposed by the government directly on income, both earned (salaries, wages, commissions) and unearned (interest, dividends).

Indirect Quote

A foreign exchange rate quotation that specifies the foreign currency amount that can be purchased with one unit of the domestic currency.

Country B's Currency

The legal tender or monetary system used in a hypothetical Country B, which can be exchanged for goods and services or traded for other currencies.