Trade Creates Value Because

question 83

Multiple Choice

Trade creates value because:

• A) people get what they want.
• B) raw materials are transformed into finished products.
• C) people exchange things they do not want for things they do.
• D) idle resources are put to use.

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Definitions:

Plato

An ancient Athenian philosopher, a student of Socrates and teacher of Aristotle, known for his contributions to Western philosophy.

Forms

In Platonic philosophy, refers to the abstract, perfect, non-physical essences of things or concepts that represent their most accurate reality.

Will to Live

A fundamental drive or motivation inherent in humans and animals aimed at survival and continuation.

Schopenhauer's Metaphysics

The philosophical inquiry concerning the nature of reality and the fundamental structure of the world as outlined by Arthur Schopenhauer, emphasizing the will as the underlying essence of all things.