Which of the Following Is Not an Example of a Sociocultural

question 37

Multiple Choice

Which of the following is not an example of a sociocultural impediment to economic growth?

• A) tribal allegiances that take precedence over national unity
• B) religious beliefs and practices that severely limit economic activity
• C) migration of labor resources from agricultural to urban areas
• D) a system for allocating jobs based on caste or tradition

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Definitions:

Initial Cost

The upfront expenditure required to purchase an asset or to start a project, including setup or installation fees.

Initial Outlay

The initial investment amount required to start a project or purchase an asset.

Future Cash Inflows

Expected incoming funds or earnings generated from investments, operations, or financial activities in the future.

Discount Rate

The discount rate that's used to estimate the present value of future cash flows within discounted cash flow analysis.