What a Business Owns Is Called ________

question 2

Multiple Choice

What a business owns is called ________.

• A) liabilities
• B) assets
• C) net worth
• D) owner's equity

Assess the significance of migration, diaspora communities, and their effects on global demographics.

Understand the challenges and effects of urbanization, including slum dwellings and their societal implications.

Identify world organizations and movements that contribute to global integration and their opposite forces.

Comprehend the relationship between technology, development, and societal change.

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Definitions:

Prosperity

A state of economic growth and stability, characterized by high levels of employment, income, and consumer confidence.

Crowding-In Effect

An economic theory suggesting that increased government spending leads to an increase in private sector investment.

Government Spending

Expenditures made by the government sector including spending on goods and services, public projects, and transfer payments.

Economic Expansion

A phase in the business cycle where the economy grows and increases in activity.