A Negative Side Effect of Modernization Is

question 57

Multiple Choice

A negative side effect of modernization is

• A) rapid urbanization.
• B) increased longevity.
• C) a population decrease.
• D) a decrease in levels of infant mortality.

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Definitions:

Long-term Unsecured Credit

A type of loan given based on the borrower's creditworthiness without the need for collateral, typically with a repayment period beyond one year.

Commercial Paper

A short-term, unsecured debt instrument issued by companies to finance their immediate operational needs.

Short-term Borrowing

Loans or debt obligations that are expected to be paid back within a short period, typically less than one year, often used for operational expenses.

Carrying Costs

Expenses associated with holding or storing inventory over a period of time, including insurance, storage, and depreciation.