In the Circular-Flow Diagram,another Name for Goods and Services Produced

question 252

Multiple Choice

In the circular-flow diagram,another name for goods and services produced by firms is

• A)factors of production.
• B)output.
• C)inputs.
• D)resources.

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Definitions:

Water Pollution

The contamination of water bodies (e.g., lakes, rivers, oceans, aquifers) with substances harmful to life, which can be detrimental to plants, animals, and human health.

Agriculture

The practice of cultivating the land and raising livestock to produce food, fiber, and other products.

Groundwater Contamination

Groundwater contamination occurs when pollutants, from sources like industrial waste, agricultural chemicals, or improper waste disposal, percolate into natural groundwater sources, making it unsafe for consumption and the environment.

Hazardous Waste

Waste that poses substantial or potential threats to public health or the environment due to its toxicity, chemical reactivity, flammability, or other characteristics.