In Order for a Country to Progress from a Less

question 21

Multiple Choice

In order for a country to progress from a less developed country (LDC) to a moderately developed country (MDC) , the country would have to:

• A)increase rate of population growth.
• B)move from industry to agricultural economy base.
• C)raise the per-capita income.
• D)increase their unskilled labor force.

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Definitions:

Risk of Profit

The possibility of encountering losses or gains in financial investments due to market fluctuations.

Control

The power or authority to manage, direct, or govern individuals, organizations, or systems.

Indefinite Hiring

An employment arrangement without a predetermined end date, typically at will and subject to termination by either party with notice.

Unjust Dismissal

The unwarranted termination of an employee in violation of legal or contractual obligations.