A Form of Government Spending That Is Not Made in Exchange

question 72

Multiple Choice

A form of government spending that is not made in exchange for a currently produced good or service is called

• A)a transfer payment.
• B)consumption.
• C)investment.
• D)None of the above is correct.

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Definitions:

Collective Consciousness

The set of shared beliefs, ideas, and moral attitudes which operate as a unifying force within society.

Collective Conscious

A collection of common beliefs, thoughts, and ethical views that act as a cohesive element in society.

Mechanical Societies

Sociological concept referring to traditional, pre-industrial societies where social cohesion and integration come from a homogeneity of individuals, as opposed to the interdependence of differentiated roles.

Organic Societies

Societies characterized by complex interdependence of parts, akin to organisms, where differentiation of functions exists for the overall wellbeing.