Hierarchical Diffusion Is Flow from Larger to Smaller Centers; Hierarchical

question 27

True/False

Hierarchical diffusion is flow from larger to smaller centers; hierarchical migration is movement from smaller to larger centers.

---

Definitions:

Depreciation

The process of allocating the cost of a tangible or physical asset over its useful life, reflecting wear and tear or obsolescence.

Imports

Goods and services purchased by a country from other countries.

Exports

Goods or services produced domestically and sold to buyers in another country.

Gold Standard

A monetary system in which the value of a country's currency is directly linked to a specified amount of gold.