Key issue 1: why does development vary among countries?

An externality can be created by a. people working at a production job and enjoying their work b. a production activity but not a consumption activity c. a consumption activity but not a production activity d. a production activity or a consumption activity externalities a. are always positive, and an example is flu vaccinations b. are always negative, and an example is the pollution created by trucks c. can be negative or positive. logging has a negative externality, and education has a positive externality d. can be negative or positive. a negative externality is having to go to school when you would rather go to the beach, and a positive externality is spending time with your friends

The economy of the united states is best described as

Which of the following most likely contributed to the outbreak of world war ii? a. embargoes on international trade b. higher tariff rates in european countries c. sanctions imposed by the united states d. global economic depression