Examlex
Jim has been sent to Australia by his company to learn some processes involved in a different role than his in the company's subsidiary there. Which of the following is best described by this situation?
Industrialization
The process by which an economy is transformed from primarily agricultural to one based on the manufacturing of goods, involving increased mechanization.
Per Capita GDP
A measure of the economic output of a nation per individual, calculated by dividing the country's gross domestic product by its total population.
Developed Countries
Nations with advanced economies, high standards of living, and well-established infrastructure and government systems.
GNPs Per Person
A metric that measures a country's gross national product divided by its population, indicating the average economic output per person.
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