Explain the idea of consumption in the modern world

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Answer the following questions. Each response should be no longer than a paragraph. Refer to your MindEdge resource to aid you, but make sure your responses are in your own words.

1. Define the three modes of distribution located in your text. Select one and describe its potential advantages over the others in a particular situation.

2. Everyone we know is undoubtedly a consumer. Explain the idea of consumption in the modern world. How could it be looked at in both a negative and positive light? Make sure to defend your answers.

3. There is a common saying today that money equals power. This does not always apply in the historical and modern world. Give at least one example of a different kind of power, where money is not directly involved.

4. As described in Module Four, with industrialization comes technology, production, and complex systems of labor. Explain one example where industrialization has positive effects on a community. Explain a different example where industrialization negatively affects a community.

Reference no: EM13916236

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