Terrafugia Transition Is a Flying Car with an Anticipated Price

question 252

Multiple Choice

Terrafugia Transition is a flying car with an anticipated price of $250,000.The MOST LIKELY prospective customers for this aircraft/vehicle would be

• A) college students who are interested in high technology products.
• B) retired seniors who live off their Social Security checks.
• C) corporate executives of Fortune 1000 companies whose time is valuable.
• D) 16-year old teenagers who just got their drivers' licenses.
• E) no one, since the Transition is too revolutionary and expensive for anyone to buy it.

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Definitions:

Poor

A term used to describe individuals or groups who lack financial resources or sufficient income to meet basic living necessities.

Newly Industrialized Countries

Countries that are transitioning from primarily agricultural to primarily manufacturing and industrial activities.

Neo-Capitalist Nations

Countries that have adopted updated or modified forms of capitalism, reflecting a blend of traditional capitalist principles with new policies or social systems.

Industrialize

The process by which a society or country transforms itself from a primarily agricultural society into one based on the manufacturing of goods and services.