Assignment Instructions/ Description
Describe what goods and services are produced in developing economies.A.Food production is a small part of developing economies.B.Services are large and expanding in developing economies.C.Technology is a large part of developing economies.D.Agriculture and manufacturing are small and shrinking in developing economies.E.Food production is a large part of developing economies and manufacturing is growing.Your answer is correct.Describe how goods and services are produced in developing economies.A.All production uses primitive labor-intensive technologies.B.All production uses modern capital-intensive technologies.C.All farming uses labor-intensive technologies but all factories use capital-intensive technologies.D.Most production does not use modern capital-intensive technologies but some industries do. Your answer is correct.E.Production uses a high level of human capital.Describe for whom goods and services are produced in developing economies.A.All people in developing economies live in poverty.B.The lowest-paid 20 percent of the world's population who live in developing economies receives only 10 percent of world income.C.All people in developing economies have rising incomes.D.The lowest-paid 20 percent of the world's population who live in developing economies receives income of only $153 a day.E.People in factories have rising incomes but those who work in rural industries are left behind.
Post a Comment