The Purpose of Material Productions in a Society Is to ________

question 46

Multiple Choice

The purpose of material productions in a society is to ________.

• A) enable people to cope with their environments
• B) help unite people
• C) distinguish the dominant culture from minority cultures
• D) segregate people based on race and ethnicity

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Definitions:

Years

A unit of time equal to 365 days (or 366 days in a leap year), used in calendar timekeeping.

Present Value

The value right now of a sum of money expected in the future or a sequence of cash inflows, factoring in a specific rate of return.

Discount Rate

This is the rate of interest utilized in the process of discounted cash flow analysis to calculate the current value of future cash flows.

Received

Amounts of money or assets that have been taken in by an individual or organization.