Which of the Following Is True About Development

question 10

Multiple Choice

Which of the following is true about development?

• A) It involves the movement, over generations, of the bulk of jobs from manufacturing and service to agriculture industries.
• B) The least developed countries have most of their populations employed in manufacturing.
• C) The least advanced countries have completed the transition from manufacturing to services and have entered the information age.
• D) Technological change influences development.

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Definitions:

Personal Gain

The benefit or advantage received by an individual, often in the context of financial or materialistic gains from business, investment, or other economic activities.

Property Taxes

Taxes levied on real estate by governments, based on the property's value, used to fund public services and infrastructure.

License Fees

Charges paid for the authorization to use intellectual property or for the right to operate under certain regulations.

Limited And Bundled Choice Problem

A situation in which consumers' options are restricted or pre-selected in packages, potentially influencing their preferences or decisions.