The Practice of Recreational Traveling in a Way That Maximizes

question 92

True/False

The practice of recreational traveling in a way that maximizes the social and economic benefits to the local community and minimizes the negative impact on cultural heritage and the environment is called green tourism.

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Definitions:

Say's Law

An economic theory proposing that supply creates its own demand, implying that production drives economic growth.

Keynesians

Economists and followers of the economic theories of John Maynard Keynes, who advocated for government intervention to manage economic cycles.

Aggregate Demand

The full quantum of desire for goods and services within an economic realm, set against a particular overarching price level for a fixed duration.

Depression

A severe and prolonged downturn in economic activity, characterized by high unemployment, sharp declines in GDP, and faltering business confidence.