QUESTION 1 1. ofthe following is nor part of the commoditization process? a c Th

Question

QUESTION 1 1. ofthe following is nor part of the commoditization process? a c The material is valued and traded, it has a price equivalent, and it enters the arena of things bought and sold. Technical change is often required. c Technical developments occur regardless of increased valuation of the resource. c There are social and political consequences involved in its valuation and revaluation. QUESTION 2 to current trends, the world's population aged 6s is likely do what over the next fifty years? Double over to I. 1 points Triple c Quadruple c Drop by 50 percent QUESTION 3 1. Growing things for profit rather than simply to eat, we shift from the idea of land as 1 points c A commodity a source meaning and identity of A source of and identity a commodity meaning Free privatizated c A vehicle sacred 1. QUESTION 4 of the following was NOT a result of the 1973 oil shock? I points c The long decline of Detroit c The search for alternative sources to oil r Car changing to more fuel-efficient models companies c With energy efficiencies, the raw demand for oil leveled off points

Explanation / Answer

Q1)There are social and political consequences involved in the valuation and its revaluation

Commoditize refers to a process in which the goods and services within specific categorised will be same to one another only distinguishing in term of pricing

Q2)tripled

By the next 50 years the peole of age 65 and over will be about from 605 million to 2 billion

Q4)A long decline of Detroit

The economic and demographic decline of detroid is referred in recent decades

Q7)Middle aged adults

Mostly the middle aged persons were suffering with obesity,Over 2.8 million of people die each year due to obesity

Q8) 7 billion

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