Urbanization Began to Grow Especially Quickly After the

question 12

Multiple Choice

Urbanization began to grow especially quickly after the

• A)development of agriculture.
• B)beginning of the twentieth century.
• C)invention of commerce and religion.
• D)industrial revolution.
• E)invention of record keeping.

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Definitions:

Federal Income Tax

A tax levied by the United States federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Income-Tax Filers

Individuals or entities that submit a report of their income to a governmental body to assess tax liabilities.

Efficiency Losses

The reduction in economic welfare resulting from distortions in resource allocation or market behavior.

Externalities

Costs or benefits that result from an activity or transaction and affect others who did not choose to incur that cost or benefit.