What Are the Four Basic Ways That Society Can Use

question 29

Multiple Choice

What are the four basic ways that society can use to organize its economic affairs?

• A)With consumer goods,capital goods,models and positive statements.
• B)Using cooperation,command,custom or competition.
• C)Using plentiful resources,opportunity costs,technology and specialization.
• D)Using capitalism,communism,fantasy and technology.

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Definitions:

Biographies

Written accounts of individual lives, showcasing personal and professional experiences.

Class Conflict

The strain or conflict arising in society from the contrasting economic interests and aspirations among individuals of diverse social classes.

Twentieth-century

Referring to the period from 1901 to 2000, marked by significant technological, political, and cultural changes worldwide.

Social Changes

Transformations in societal structures, behaviors, or cultural norms over time.