Which of the Following Is Likely to Explain Why India

question 70

Multiple Choice

Which of the following is likely to explain why India specializes in the production of textiles?

• A) India has witnessed substantial GDP growth over the last decade.
• B) Textiles is a labour-intensive industry and India has abundant cheap labour.
• C) The opportunity cost of textile production in India is very high.
• D) India is a mixed economy and industrial production as a percentage of GDP has grown

Assess the role of taxation and regulation in promoting environmental quality through full-cost pricing.

Understand the differences between neoclassical and ecological economic views on natural resources.

Recognize economics as the study of decision-making with limited resources.

Identify the role and importance of Earth's natural goods and services.

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Definitions:

Damaging

Damaging refers to causing physical harm, deterioration, or depreciation in value or function.

Manslaughter

The unlawful killing of an individual without malice aforethought, which can be voluntary, under certain circumstances, or involuntary, through reckless behavior.

Premeditation

The act of planning or considering an action, especially a crime, beforehand.

School Zone

A designated area around a school where speed limits are reduced and traffic rules are strictly enforced to enhance safety for students and pedestrians.