Podcast
Questions and Answers
What is an economic transfer?
What is an economic transfer?
- A transfer of resources with the expectation of return
- A transfer of resources with the intention of making a profit
- A transfer of resources within the same individual or organization
- A transfer of resources from one individual or organization to another without the expectation of return (correct)
Which of the following is an example of an economic transfer?
Which of the following is an example of an economic transfer?
- Stock market transactions
- Government subsidies (correct)
- Real estate investments
- Corporate mergers and acquisitions
What is the primary purpose of economic redistribution?
What is the primary purpose of economic redistribution?
- To collect resources from individuals or groups
- To promote organizational policies
- To distribute resources proportionally or equally among participating members (correct)
- To distribute resources unequally among participating members
Which process allows for the redistribution of resources within an economic system?
Which process allows for the redistribution of resources within an economic system?
What do critics claim about some economic transfers from foreign governments to financially struggling organizations?
What do critics claim about some economic transfers from foreign governments to financially struggling organizations?
Which two examples demonstrate economic redistribution?
Which two examples demonstrate economic redistribution?
What is the purpose of the progressive income tax system?
What is the purpose of the progressive income tax system?
How do charity donations by wealthy individuals benefit them?
How do charity donations by wealthy individuals benefit them?
In less complex societies, what is the process where members of society give gifts to their chief called?
In less complex societies, what is the process where members of society give gifts to their chief called?
What does the marriage tradition of bride price in patrilineal societies involve?
What does the marriage tradition of bride price in patrilineal societies involve?
What is the primary purpose of the redistribution described in the text?
What is the primary purpose of the redistribution described in the text?
What is a common outcome for wealthy individuals who make charity donations?
What is a common outcome for wealthy individuals who make charity donations?
