A Conglomerate Is a Business That Is So Diversified It

question 46

True/False

A conglomerate is a business that is so diversified it does not fit into one specific industry category.

Comprehend the different sections of the stockholders' equity statement and their significance.

Understand the relationship between retained earnings, dividends, and prior period adjustments.

Identify historical economic theorists and their contributions.

Explain the concepts of savings, investment, and consumption.

---

Definitions:

Foreign Investment

The investment of capital by individuals, corporations, or governments from one country into business interests within another country.

Standard Of Living

The standard of living refers to the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Goods And Services

The outputs offered by businesses and the economy to satisfy individual or collective needs or wants.

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.