Which of the Following Explains the Difference in Rates of Urbanisation

question 39

Multiple Choice

Which of the following explains the difference in rates of urbanisation between core and labour-intensive poor economies?

• A)'New worlds' existed to siphon off the population growth of Europe.
• B)Core economies controlled growth through contraceptive use.
• C)An overwhelming number of Europeans died during the potato famine of 1846-1849.
• D)More opportunities for migrants existed in European cities.

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Definitions:

Money Supplies

The overall financial assets tally in an economy at a given point.

Money Supply Curve

A graphical representation showing the relationship between the quantity of money in the economy and the interest rate.

Equilibrium Value

The point at which the quantity demanded by consumers matches the quantity supplied by producers, achieving a market balance.

Quantity of Money

The total amount of money circulating within an economy, including cash and bank deposits, crucial for determining inflation and interest rates.