The Term ____ Refers to the Dominant Pattern of Living,thinking,and

question 210

Multiple Choice

The term ____ refers to the dominant pattern of living,thinking,and believing that is developed and transmitted by people,consciously or unconsciously,to subsequent generations.

• A) Social mindset
• B) Global mindset
• C) Collectivism
• D) Culture

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Definitions:

Economic Growth

An increase in the production of goods and services in an economy over a period of time, indicating improvement in living standards.

Technological Innovations

The implementation of new technologies or the novel application of existing technologies to create new products, processes, or services.

Smoot-Hawley

Refers to the Smoot-Hawley Tariff Act of 1930, a legislation passed in the United States that imposed high tariffs on imported goods to protect American businesses and farmers, which is widely considered to have exacerbated the Great Depression.

Federal Tax Revenue

The income collected by the federal government through various types of taxes to fund national programs and services.