All of the Following Are Primary Goods EXCEPT

question 51

Multiple Choice

All of the following are primary goods EXCEPT:

• A)coffee.
• B)automobiles.
• C)copper.
• D)cotton.
• E)oil.

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Definitions:

Assumptions

Premises or conditions accepted as true without proof, used as bases for reasoning in analyses and projections.

Historical Episodes

Significant events or periods in history that have influenced the course of human activity or the development of societies.

Economic Theories

Systems of ideas and principles that explain the functioning of economies and guide the analysis and formulation of economic policies.

Circular-Flow Diagram

An illustrative depiction of the economy demonstrating the circulation of currency among markets, households, and companies.