________ Is the Knowledge About How to Establish, Maintain, and Operate

question 31

Multiple Choice

________ is the knowledge about how to establish, maintain, and operate the technical aspects of social organization.

• A) Material technology
• B) Shared knowledge
• C) Social technology
• D) Material progress

---

Definitions:

Labor Force

The total number of people who are employed and those actively seeking employment in an economy.

Bowed Out

A term used to describe the shape of a production possibilities frontier that demonstrates increasing opportunity costs.

Resources

This term refers to assets, materials, and components that can be used to produce goods and services.

Productive Inputs

Resources used in the production of goods and services, including labor, capital, and raw materials.