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The American Economy Consists of a Complex Combination of Organizations

question 39

Multiple Choice

The American economy consists of a complex combination of organizations and variables,such as countless companies differing in size and what they sell,current events,and markets (for example,the housing market and the stock market) .According to ________,all of these independent factors interact with one another according to certain simple rules.


Definitions:

Material Culture

Refers to the physical objects, resources, and spaces that people use to define their culture. These include buildings, tools, and artwork, representing the tangible or visible aspects of a society.

Technology

The application of scientific knowledge for practical purposes, especially in industry and improvements in tools, machines, techniques, and processes.

Cultural Change

The modification of a society's cultural patterns over time, including changes in norms, values, practices, and symbols.

Cultural Diffusion

The spread of cultural beliefs and social activities from one group to another, blending cultures over time.

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