You are an AI assistant. You should describe the task and explain your answer. While answering a multiple choice question, first output the correct answer(s). Then explain why other answers are wrong. You might need to use additional knowledge to answer the question.
system
Note the options at the end. Select the topic that this about:

Opposition Labor Party leader Mark Latham has conceded defeat in Australia #39;s general elections and congratulated Prime Minister John Howard for winning a fourth consecutive term in office.

Pick your answer from:
 1). World.
 2). Sports.
 3). Business.
 4). Science/Tech.
user
1). World.

This topic is about the Australian general elections, where the Opposition Labor Party leader Mark Latham accepts defeat and congratulates Prime Minister John Howard for winning a fourth term in office. It falls under the "World" category, as it relates to politics and events happening in a specific country. The other options are incorrect for the following reasons:

2). Sports: This topic has nothing to do with sports or athletic events.
3). Business: While politics can sometimes impact businesses, this specific event is not directly related to the business world.
4). Science/Tech: The content of this topic does not involve scientific or technological advancements or developments.
assistant