The Ability to Use Physical Resources in Creative Ways to Produce

question 169

Multiple Choice

The ability to use physical resources in creative ways to produce goods and services is known as

• A) labor.
• B) natural resources.
• C) physical capital.
• D) entrepreneurial ability, technology, and ideas.

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Definitions:

Society

A structured community of people bound together by similar traditions, institutions, or nationality.

Cultural Competence

The ability to understand, appreciate, and interact effectively with people of different cultures, beliefs, and backgrounds.

Multicultural Groups

Diverse groups consisting of people from a variety of cultural, racial, and ethnic backgrounds.

Cultural Pluralism

A condition or system in which various cultural groups coexist respectfully and harmoniously within a society, acknowledging and valuing diversity.