Which of the Following Is the New Social Category Created

question 40

Multiple Choice

Which of the following is the new social category created by the industrial society that consists of people who are biologically mature but still considered dependent and emotionally immature?

• A)adulthood
• B)preadolescence
• C)young adulthood
• D)adolescence

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Definitions:

Excise Tax

A tax levied on the production of a specific product or on the quantity of the product purchased.

Tax Revenues

The income that is gained by governments through taxation, an important source of revenue for government expenditures.

Inelastic Demand

A situation in which the demand for a product does not significantly change with a change in its price.

Price-Elastic

Refers to the degree to which the demand for a product changes in response to a change in its price.