An Example of an Intermediate Good or Service Would Be

question 102

Multiple Choice

An example of an intermediate good or service would be:

• A)bricks bought by a homeowner for constructing a patio.
• B)sacks of groceries bought by a dentist for his family.
• C)a car bought by a household for commuting to work.
• D)a desk bought by an accountant for her office.

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Definitions:

Seven Years' War

A global conflict (1756-1763) involving most of the great powers of the time, fought in Europe, North America, and India, significantly altering the geopolitical landscape.

William Pitt

A British statesman of the Whig group who led the government of Great Britain twice in the mid-18th century and is known for his leadership during the Seven Years' War.

French Defeat

An event or series of events resulting in the unsuccessful outcome of a conflict or war for France, leading to loss of territory, power, or prestige.

Quakers

A religious group officially known as the Religious Society of Friends, known for their pacifist beliefs, simple living, and emphasis on inner guidance.