Agricultural Surplus Made It Possible for Early Societies to Become

question 67

True/False

Agricultural surplus made it possible for early societies to become more stable and to expand in population,yet also kept early societies socially stagnant as all labor was focused on the land and the cultivation of more grain.

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Definitions:

Marginal Utility

The additional satisfaction or benefit received from consuming one more unit of a good or service.

Total Utility

The complete satisfaction received from consuming a particular quantity of goods or services.

Consumer's Income

The total amount of money earned by a consumer, influencing their purchasing power and spending behavior.

Equilibrium

A state of balance or stability within a system where opposing forces or influences are equal and cancel each other out.