Economic Development

Question 1

Read about the economy in Country A.Based on what you now know, what are at least three factors that demonstrate that Country A has a developing economy?

Revolt · Accepted Answer

Country A has a low GDP per capita, depends heavily on agriculture and copper mining, and has inadequate infrastructure. It also has slow economic growth, high unemployment, and a low standard of living.

Question 2

The single country with the world's largest GDP is [___].The member countries of the European Union have about the same GDP as [___].Together, these four countries and the European Union have [___] half of the world's total GDP.

Revolt · Accepted Answer

the US

Question 3

The single country with the world's largest GDP is [___].The member countries of the European Union have about the same GDP as [___].Together, these four countries and the European Union have [___] half of the world's total GDP.

Revolt · Accepted Answer

more than

Question 4

Question 31263

Revolt · Accepted Answer

The single country with the world's largest GDP is .The member countries of the European Union have about the same GDP as .Together, these four countries and the European Union have half of the world': the US; The single country with the world's largest GDP is .The member countries of the European Union have about the same GDP as .Together, these four countries and the European Union have half of the world': more than

Question 5

Look for factors that will help you determine what type of economy exists in Country B. Which type of economy does Country B have?

Revolt · Accepted Answer

developed

Question 6

Which of these factors is the strongest sign that Country B has a developed economy?

Revolt · Accepted Answer

It has a high gross domestic product.

Question 7

Look for factors that will help you determine what type of economy exists in Country C.What type of economy does Country C have?

Revolt · Accepted Answer

transitioning

Question 8

Which factor places this nation in the transitioning category?

Revolt · Accepted Answer

It is shifting from a planned to a free-market economy.

Question 9

Look for factors that will help you determine what type of economy exists in Country A.Based on the clues in this passage, what type of economy does Country A have?

Revolt · Accepted Answer

developing

Question 10

The single country with the world's largest GDP is .The member countries of the European Union have about the same GDP as .Together, these four countries and the European Union have half of the world's total GDP.

Revolt · Accepted Answer

the US; Selection 1: the US; Selection 2: the US; Selection 3: more than

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