Contrast Macro and Micro Explanations of War

question 60

Multiple Choice

Contrast macro and micro explanations of war.

• A)Micro theory sees war as the result of minute concerns, while macro theory focuses on larger-level issues.
• B)Micro theory states that war begins at the domestic level, while macro theory suggests it is a strictly international phenomenon.
• C)Micro theory understands war as the result of biological and psychological factors, while macro theory focuses on geography and resources.
• D)Micro theory argues that war is essentially a conflict between states, while macro theory sees war as a conflict between select individuals.

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Definitions:

Owner's Withdrawals

Money or other assets taken from the business by the owner for personal use.

Income Statement

An income statement is a financial report that shows a company's revenues, expenses, and profit over a specific period, illustrating its financial performance.

Balance Sheet

An overview report showing a business's assets, liabilities, and equity held by shareholders at a specific time.

Adjusted Trial Balance

A statement of all debits and credits in a double-entry accounting system, adjusted for any journal entries, used to verify the balance of accounts before producing financial statements.