The Ideology of __________ Is an Important Element in the "American

question 33

Multiple Choice

The ideology of __________ is an important element in the "American Dream."

• A) progress
• B) classlessness
• C) multiculturalism
• D) class pride

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Definitions:

Durable Goods

Goods that are intended to last for a long period of time, such as cars, appliances, and furniture, typically requiring more significant investment than non-durable goods.

Nondurable Goods

Items that are consumed or are only useable for a short period before they need replacement due to wear or consumption.

Services

Tasks or activities performed by individuals or companies for the benefit of others, typically in exchange for payment, and are intangible in nature.

Disposable Income

Funding available to households for their spending and saving plans post income tax cuts.