The Caral Site,located in Present-Day Peru,is Important Because of All

question 29

Multiple Choice

The Caral site,located in present-day Peru,is important because of all the following reasons except

• A)It clearly shows an assimilation of Mayan-Andean cultures.
• B)Evidence of an early deity was found.
• C)Indications of an early stratified society are evident.
• D)Like other peoples of the area, it experienced a rapid and sudden decline.
• E)It is the earliest large urban settlement in the Americas.

---

Definitions:

Market-clearing Price

The price at which the quantity demanded by buyers equals the quantity supplied by sellers, eliminating any surplus or shortage in the market.

Surplus

The condition in which the quantity of a good or service supplied exceeds the quantity demanded at the current price.

Foreign Currency

Currency used in a country other than one's own, involved in international trade, investments, and travel.

Quota

A government-imposed trade restriction that limits the quantity or monetary value of goods that can be imported or exported during a specific time.