Which of the Following Statements Is True of the North

question 52

Multiple Choice

Which of the following statements is true of the North American Industry Classification System (NAICS) ?

• A) The system developed jointly by United states,Russia,and Mexico,provides a common industry classification system .
• B) The geographic dispersion of firms cannot be identified with the help of NAICS.
• C) The more digits in an NAICS code,the more homogeneous the group.
• D) Each classification is relatively heterogeneous in terms of raw material required,components used,and manufacturing processes employed.

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Definitions:

Social Problems

Issues that affect a significant number of people within a society, considered detrimental to societal well-being and requiring collective action to solve.

Depression-era

A period, particularly referring to the 1930s, characterized by widespread economic downturn and high unemployment rates globally, notably in the United States.

Exclusive Contract System

Refers to a historical practice in the film industry where actors, directors, and other talent were signed under contract to a single studio, limiting their ability to work with others.

Olivia de Havilland

A British-American actress famous for her roles during the Golden Age of Hollywood, including that in "Gone with the Wind" (1939).