The First Type of Society to Generate a Material Surplus

question 106

Multiple Choice

The first type of society to generate a material surplus is:

• A) hunting and gathering.
• B) horticultural and pastoral.
• C) agrarian.
• D) industrial.

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Definitions:

Per Se Violations

Actions that are considered inherently illegal under antitrust laws, without needing to prove their harm on competition.

Business Practices

Established methods of conducting business, which can include strategies, ethics, policies, and procedures.

Sherman Act

A foundational antitrust law in the United States that prohibits monopolies and other activities that restrict competition in the marketplace.

Vertical Restrictions

Constraints imposed in a supply chain that limit the way products or services can be sold or distributed, often to preserve competition.