Proximity Is a Factor in Explaining

question 82

Multiple Choice

Proximity is a factor in explaining:

• A) a nation's political system.
• B) the number of a nation's political and trade relationships.
• C) language patterns.
• D) demand conditions.

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Definitions:

1937-1938

A period marked by a sharp economic downturn in the United States, considered a recession within the Great Depression era.

American Revolution

The period of political and military action (1775-1783) during which the thirteen American colonies won independence from Great Britain, leading to the establishment of the United States of America.

Labor

The work performed by individuals that contributes to the production of goods and services, typically rewarded with wages.

Capital

Financial assets or the financial value of assets, such as cash and securities, or fixed assets like machinery and buildings, used in producing goods and services.