What Is the Term for Cultural Change That Results When

question 12

Multiple Choice

What is the term for cultural change that results when two or more cultures have continuous firsthand contact?

• A)Acculturation
• B)Enculturation
• C)Independent invention
• D)Colonization
• E)Imperialism

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Definitions:

Consumption

The process by which goods and services are used by households, contributing to the overall demand in an economy.

Induced Consumption

Induced consumption is the portion of consumer spending that varies with income levels, suggesting that as people earn more, they tend to spend more.

Disposable Income

Household fiscal resources for saving and spending following the deduction of income taxes.

Autonomous Consumption

The level of consumption that occurs when income is zero, representing the expenses that consumers must make for basic needs regardless of their income.