How Are Nonindustrial Economic Systems Embedded in Society

question 40

Multiple Choice

How are nonindustrial economic systems embedded in society?

• A) People are not aware that they are working toward a goal.
• B) The economic system has little to do with the everyday life of the people.
• C) The economic system cannot easily be separated from other systems, such as kinship.
• D) Most nonindustrial economies are managed systems.
• E) Most economic activity takes place far from home.

---

Definitions:

Voting Rights

The right of shareholders to vote on corporate matters, typically exercised during annual general meetings.

Common Stock

Equity securities representing ownership shares in a corporation, with voting rights and potential dividends.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with fixed dividends.

Preemptive Right

The right of the stockholder to purchase additional shares of stock to maintain a proportionate interest when the corporation issues additional stock.