What is the major prerequisite of market exchange?
a. The value of a good is based on supply and demand.
b. Exchange is based on currency.
c. Exchange occurs within a commercial environment.
d. Goods and services are culturally relevant.
e. Distribution occurs among a minimum of two parties.
ANSWER:
a
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A worldwide-integrated system of buying and selling goods, materials, labor, and services in the global market is called the:
a. global system. b. global market. c. global economy. d. global arrangement.
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A lineal kinship terminology
A. uses two terms to identify ego's parents' siblings: one term for both FZ and MZ and another term for both FB and MB. B. uses the same term to refer to M and MZ. C. is generally found in societies with patrilineal descent rules. D. stresses relationships with collaterals. E. is often found in association with the distinction between parallel and cross cousins.