Recall the Application About Growth in China and India to Answer

question 157

Multiple Choice

Recall the Application about growth in China and India to answer the following question(s) . From 1978 to 2004, China grew at a rate of 9.3 percent per year and India grew at a rate of 5.4 percent per year.
-According to this Application, China's growth rate was faster than India's during this 26 year period because

• A) China received more contributions from human capital than India received.
• B) China invested more in physical capital than India invested.
• C) China's growth was based more on human capital and India's growth was based more on physical capital.
• D) China's growth was based more on human capital and India's growth was based more on technological progress.

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Definitions:

Network Design Organization

A structured arrangement of elements including hardware, software, and protocols, aimed at ensuring efficient and secure communication within an organization.

Information Technology

The study and use of systems for storing, retrieving, and sending information, typically involving computers and telecommunications.

Organizational Levels

The hierarchy within an organization, typically ranging from upper management to lower-level employees, each with different responsibilities.

Strategic Choices

Decisions made by an organization that are foundational to its long-term goals, direction, and overall strategy.