The Primary Economic Explanation as to Why a World-Renowned Architect

question 53

Multiple Choice

The primary economic explanation as to why a world-renowned architect cannot attain the "superstar" status that an athlete or actor can attain is that

• A)architects' services are not as highly valued by society as are the services of athletes and actors.
• B)only physically attractive people can become superstars, and it would be a coincidence if a highly talented architect were also physically attractive.
• C)government regulations place restrictions on the incomes of architects, but there are no such restrictions on the incomes of athletes or actors.
• D)it is impossible, currently, for an architect to supply his or her services at low cost to every customer.

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Definitions:

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to an increased interconnectedness of the world's economies, cultures, and populations.

Cosmopolitanism

An ideology or disposition characterized by an openness and appreciation of diverse cultures, beliefs, and backgrounds.

Tourists

Individuals who travel to and stay in places outside their usual environment for leisure, business, or other purposes for not more than one consecutive year.

Civilization

An advanced state of human society, characterized by the development of complex institutions, knowledge, arts, and customs.