Broadly Defined,education Is

question 58

Multiple Choice

Broadly defined,education is:

• A) spontaneous and unplanned exposure to cultural ideas and tools.
• B) a program of formal and systematic instruction that deals only with developing academic skills.
• C) those experiences that train and discipline mental and physical potentials.
• D) the processes through which academic, social, and cultural ideas and tools-both general and specific-are developed.

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Definitions:

Production Possibilities Curve

A graph that shows the combinations of two goods that an economy can produce using all its resources efficiently.

Comparative Advantage

The capacity of a party to produce products or services with a lesser opportunity cost compared to others.

Opportunity Cost

The cost of the next best alternative foregone when making a decision.

Specialization

A focus on a narrow area of knowledge or skill, leading to greater efficiency and expertise in that area.