Answer:
The correct answer would be option B, For both nations and individuals.
Explanation:
In determining the living standards, productivity plays a key role for both nations and individuals.
Productivity is basically the measure of being productive. When the effectiveness of a productive effort is measured in terms of the output it generates, this is called productivity. For example, we can say that this new machinery will be able to product 40% more units of the product. This means, the effectiveness of the new machinery is 40% more now in terms of its output.
Now in this example, productivity plays a key role for both nations and individuals. When effectiveness of a productive effort increases, it will directly impact the company, employees of the company, the economy of the country and thus the whole nation and their living standards. Productivity helps in generating more GDP for the economy, and thus also helps in the growth.
D. A frame is a list of the individuals in the population being studied.
1. The answer is: Land
Land factor of production includes all form of natural resources that play a certain role in company's operation.
Answer B and D are wrong because they're basically the same and option C is wrong because physical capital only includes things that could be see and felt.
2. The answer is: C. democratic socialism
Democratic socialism is operated with the combination of both capitalism and socialism.
In democratic socialism, the economy is still operates based on free market system, but the government plays a larger role in welfare distribution by creating higher income taxation.<span />
Answer: <em>Toast</em>
Explanation:
A toast can be described as a type of a brief speech made in order to congratulate, appreciate and remember an individual or his/her contribution. It is also referred to as a ritual where one may express goodwill or honor to an individual, institution, group or event. The tone through which it is conveyed is mostly humorous or solemn.
