When World War II Ended Some Resources Moved Easily from the Production

question 5

Multiple Choice

When World War II ended some resources moved easily from the production of military goods to the production of consumer goods which is referred to in economics as:

• A) Production equality.
• B) Capital adaptation.
• C) Resource flexibility.
• D) Factor mobility.

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Definitions:

Bimodal

A distribution with two different modes or peaks.

More Precise Scales

Measurement tools or systems with a higher level of accuracy, allowing for finer or more detailed differentiation between values.

Qualities

Inherent or distinctive characteristics or traits that define the nature of something.

Median

The middle value in a dataset when it is sorted in ascending order, or the average of the two middle values when the set is even.