From the Economic System's Point of View, the Role of ________

question 147

Multiple Choice

From the economic system's point of view, the role of ________ is to transform the assortments of products made by producers into the assortments wanted by consumers.

• A) upstream partners
• B) marketing intermediaries
• C) third-party logistics
• D) price consultants
• E) factory supervisors

---

Definitions:

Transcontinental Railroads

Railroads that extend across a continent, linking coasts and facilitating trade and travel.

Agriculture

The practice of cultivating the soil, growing crops, and raising livestock to produce food and raw materials.

Bank Failures

Occurrences when banks are unable to meet their obligations to depositors or creditors and are closed by regulatory agencies.

Great Depression

A prolonged period of economic downturn during the 1930s, marked by high unemployment, deflation, and a significant reduction in global trade.