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One Dominant Characteristic of Poor Countries Is That Too Many

question 49

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One dominant characteristic of poor countries is that too many people are engaged in the industrial sector and not enough people are in agriculture to produce badly needed food.


Definitions:

Ethnic Differences

Variations among groups of people based on race, nationality, tribe, religion, or other social classifications that can influence behaviors, beliefs, and cultural practices.

Global Strategy

An approach to business that seeks to create value by leveraging the unique benefits of worldwide operations.

Multidomestic Strategy

A business strategy that involves tailoring products and marketing strategies to fit the specific needs and preferences of local markets.

Standardize Products

The process of making products uniform to ensure consistency and efficiency.

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