Developed Countries Tend to Have

question 202

Multiple Choice

Developed countries tend to have

• A) limited labor supplies but lots of capital.
• B) low capital-to-labor ratios.
• C) limited amounts of both labor and capital.
• D) large amounts of both labor and capital.

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Definitions:

Data

Information, whether quantitative or qualitative, that can be analyzed or used to make decisions.

Counterparts

Individuals or entities that correspond to or have similar functions or roles as others in different contexts or organizations.

Like-minded

Individuals or groups who share similar values, interests, or opinions.

Accomplish Goals

This refers to successfully achieving targets or objectives that have been set, whether in personal development, projects, or within organizational contexts.