Compared to the Foraging Mode of Livelihood, the Industrial/digital Economy

question 5

Multiple Choice

Compared to the foraging mode of livelihood, the industrial/digital economy mode of livelihood __________.

• A)produces goods in response to consumer demand
• B)employs people in manufacturing and service industries
• C)is the production of goods through mass employment in business and commercial operations
• D)is divided between the formal and informal sector
• E)all of the above

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Definitions:

Conglomerate Acquisition

A type of corporate action in which a company purchases another company that operates in a completely different industry.

Horizontal Acquisition

The purchase of a company operating at the same level of the value chain in similar or different industries to increase market share.