What Was Not a Benefit of the Development of a National

question 40

Multiple Choice

What was not a benefit of the development of a national market?

• A) Increased production by reducing tragedy of the commons problems.
• B) Permitted greater division of labor.
• C) Enabled people and organizations to engage more in their comparative advantages.
• D) Led to lower costs because of increasing returns to scale could be taken advantage of in more industries.

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Definitions:

Social Status

The position or rank of a person or group within the social hierarchy, often influenced by factors such as occupation, income, heritage, education, and power.

Gender Differences

Variations in characteristics, behaviors, physical development, roles, and psychological attributes between males and females.

Individual Differences

Variations among individuals in regard to their psychological traits, behaviors, and physiological responses.

Slave Trade

The historical practice of trading slaves, involving the procurement, transport, and sale of human beings as property.