An Economy Is Said to Be Well-Endowed with Capital If

question 66

Multiple Choice

An economy is said to be well-endowed with capital if it has _____.

• A) large tracts of agricultural land
• B) rigid labour laws
• C) well-developed infrastructure
• D) a large population

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Definitions:

Member Diversity

The range of differences among members of a group or team, including demographics, skills, experiences, and perspectives, which can influence group dynamics and outcomes.

Subgroups

Smaller groups formed within a larger group, often with common interests or characteristics distinguishing them from the larger group.

Team's Composition

The makeup or arrangement of individuals within a team, including their skills, roles, and diversity.

Member Empowerment

The process of granting authority or power to team members to make decisions and take action within their roles.