Why Is There Such a Great Difference Between the GDP

question 140

Multiple Choice

Why is there such a great difference between the GDP per capita of North Korea and South Korea?

• A) South Korea has greater natural resources.
• B) North Korea invested heavily in its industries.
• C) South Korea uses markets to organize production.
• D) North Korea has a 100% literacy rate.

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Definitions:

Partnership Termination

The process or action of ending a business partnership, involving the settlement of assets and liabilities among partners.

Withdraw

To remove oneself or one's capital from an account, agreement, or situation.

Employment at Will

An employment arrangement where either the employer or the employee can end the employment relationship at any time, for any reason not prohibited by law.

Employment Discrimination

Employment Discrimination involves unequal treatment of employees or job applicants based on race, gender, age, disability, religion, or national origin.