Products Are Generally Intangible; Services Are Generally Tangible

question 73

True/False

Products are generally intangible; services are generally tangible.

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Definitions:

James Blaine

James Blaine was a prominent American politician and statesman in the late 19th century, who served as Speaker of the House, a U.S. Senator from Maine, and Secretary of State, and was the Republican nominee for president in 1884.

Civil War

A war between citizens of the same country, often fought over issues of political power, territorial control, or social inequalities.

Voter Participation

The extent to which eligible voters participate in elections, a crucial aspect of democratic governance.

Gilded Age

A term used to describe the late 19th century in the United States, characterized by rapid economic growth, industrialization, and often shallow wealth, masking underlying social problems.