Which of the following best describes economic values?
Economic values and environment HC 2024

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Business
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University
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Medium

Bruce Wight
Used 1+ times
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30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 15 pts
Personal beliefs about money
Principles guiding economic policies and decisions
Economic indicators of a nation's wealth and prosperity
Market prices and fluctuations
2.
MULTIPLE CHOICE QUESTION
1 min • 15 pts
Income inequality within a society is primarily influenced by:
Government regulations
Technological advancements
Economic values
Cultural practices
3.
MULTIPLE CHOICE QUESTION
1 min • 15 pts
In a market economy, resource allocation is primarily determined by:
Government agencies
Supply and demand
Economic values
Social customs
4.
MULTIPLE CHOICE QUESTION
1 min • 15 pts
Which of the following illustrates a potential conflict between economic and ethical values?
Corporate social responsibility initiatives
Fair trade practices
Exploitative labour practices
Sustainable business models
5.
MULTIPLE CHOICE QUESTION
1 min • 15 pts
International trade policies are often shaped by:
Cultural values
Economic values
Political ideologies
Environmental concerns
6.
MULTIPLE CHOICE QUESTION
1 min • 15 pts
Which factor primarily influences consumer purchasing decisions?
Personal preferences
Economic values
Advertising
Social pressure
7.
MULTIPLE CHOICE QUESTION
1 min • 15 pts
How do technological advancements impact economic values?
By increasing income inequality
By reducing production costs
By decreasing consumer demand
By encouraging traditional practices
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