On the Globe, Hunting and Gathering Societies

question 26

Multiple Choice

On the globe, hunting and gathering societies

• A)exist in almost every country of the world.
• B)exist only in China and India.
• C)are gaining in importance worldwide.
• D)exist in only a few places around the world.

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Definitions:

Resale Value

The estimated value or price at which an asset or item can be sold again in the future.

Equipment

Tangible property used in operations, such as machinery, computer hardware, and vehicles.

Double-Declining-Balance

A method of accelerated depreciation where the book value of an asset is reduced at double the rate of its straight-line depreciation.

Scrap Value

The estimated resale value of an asset after its useful life is over.