Futurist Alvin Toffler called his concept_______________?
Correct answer: A. future shock
- A. future shock
- B. culture shock
- C. myocardial shock
- D. static shock
Explanation
Alvin Toffler used Future Shock as the title for his idea that rapid technological and social change can overwhelm people and institutions. Culture shock instead refers to difficulty adjusting to an unfamiliar culture.
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The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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