(Table) According to the Table, Which Country Was MOST Likely

question 189

Multiple Choice

(Table) According to the table, which country was MOST likely to experience catch-up growth? $$\begin{array} { | l | l | l | l | l | } \hline & \text { Econia } & \text { Macroland } & \text { Nomica } & \text { Croland } \\\hline \text { Labor force } & 100,000 & 150,000 & 200,000 & 200,000 \\\hline \text { Value of capital stock, year 1 } & \$ 800,000 & \$ 2,000,000 & \$ 2,500,000 & \$ 3,000,000 \\\hline \text { Value of capital stock, year 2 } & \$ 1,500,000 & \$ 2,750,000 & \$ 3,000,000 & \$ 3,400,000 \\\hline\end{array}$$

• A) Econia
• B) Macroland
• C) Nomica
• D) Croland

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Definitions:

Joseph McCarthy

An American senator known for his 1950s campaigns to expose supposed communist infiltration in the U.S. government, leading to a period of widespread paranoia known as McCarthyism.

George Marshall

An American military leader, statesman, and diplomat who served as the Chief of Staff of the U.S. Army during World War II and later as Secretary of State, where he advocated for the European Recovery Program (also known as the Marshall Plan).

Communist

Pertaining to a political and economic ideology aiming for a classless society with collective ownership of production means, where goods and services are distributed based on need.

Suburban Development

The process and growth of developing residential, commercial, and sometimes industrial areas on the outskirts of cities.