Which of the Following Statements Is True of Digitization

question 12

Multiple Choice

Which of the following statements is True of digitization?

• A) It lowers the entry barriers to start-ups in many areas.
• B) It lowers the competition that established organizations face from unexpected areas.
• C) It lowers the number of employees displaced by automation.
• D) It lowers the need for cloud computing.

Differentiate between progressive, proportional, and regressive taxes.

Recognize the potential trade-offs between equity and efficiency in tax systems.

Identify the principles of tax design that aim to minimize the economic burden.

Understand how different income levels are taxed under various tax systems.

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Definitions:

Freud

Sigmund Freud, an Austrian neurologist who founded psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Personality Trait

Enduring characteristics or qualities that define an individual's patterns of thoughts, feelings, and behaviors.

Social Situation

The environmental and contextual setting in which interpersonal interactions occur, influenced by social norms and roles.

Pleasure Principle

A psychoanalytic concept where human behavior is driven by the desire to seek pleasure and avoid pain.