Question

Although not all cultures believe that time is manageable, the general belief in American culture is that time is a commodity.True/False

Answer 1

The correct answer is True

Explanation:

In the economy and related fields, a commodity refers to a valuable good that can be sold, traded, etc. This can be tangible or intangible. In the case of time, nowadays in the U.S. and other cultures, this is considered as one of the most valuable intangible commodities. This is because time is part of the economy, for example, when you accept to work, the salary you receive is not only equivalent to your abilities and work but also to the time you spend working. Additionally, it is considered time can be bought in some cases, for example, if you pay someone to clean, cook, etc. you will have more free time for you. This means, despite being intangible, time can be traded, sold or purchased. Thus, it is true in the American culture time is a commodity.

Answer 2

Answer:

The answer is: True.

Explanation:

Although not all cultures believe that time is manageable, it is true that the general belief in American culture is that time is a commodity because everybody has an equal amount of time to use. As a commodity, time can be measured, and people can either use it, keep it, save it, or waste it.