In General, What Is the Relationship Between Average Level of Income

question 35

Multiple Choice

In general, what is the relationship between average level of income and population increase for countries around the world?

• A) The lower the average income, the higher the rate of population increase.
• B) All nations, regardless of income levels, have populations that are increasing at about the same rate.
• C) The higher the average income, the higher the rate of population increase.
• D) There is no clear pattern at all: Nations vary for many reasons.

---

Definitions:

Cradle-to-Grave Security

refers to a system of comprehensive social welfare policies designed to provide individuals with protection and support from childhood through old age.

Socialist

An advocate or supporter of socialism, a political and economic theory advocating for the ownership and control of the means of production by the community as a whole.

Price Mechanism

The process by which prices rise or fall as a result of changes in supply and demand, guiding the allocation of resources in a market economy.

Competing Firms

Businesses that operate in the same market, offering similar products or services, and vie for the same consumer base.