According to historian Gary Cross, consumerism:

A. is less powerful in comparison to other political ideologies, religions, or class distinctions.
B. is the belief that goods give meaning to individuals and their roles in society.
C. is a formal philosophy.
D. is not a dominant ideology in America.

Ans: B. is the belief that goods give meaning to individuals and their roles in society.

Business

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a. True b. False

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Most firms try not to hold more inventory than necessary because shrinkage costs generally decrease when a firm's inventory increases

Indicate whether this statement is true or false.

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