China Is a Nation with a Vast Amount of Land

question 91

Multiple Choice

China is a nation with a vast amount of land and a very large population. Another characteristic of this nation is its people's affinity for saving money. Referring to the five factors of production, the government of China has made significant progress in building its business environment by focusing on factors that needed improvement. Its strategy was to:

• A) increase the supply of labor.
• B) increase sources for capital.
• C) increase entrepreneurship.
• D) encourage neighboring nations to provide the necessary land for business development.

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Definitions:

Prefer

To favor or choose something or someone over other options.

Group Faultlines

Hypothetical dividing lines that may split a group into subgroups based on demographic or functional attributes, potentially affecting cohesion.

Performance

The level at which an individual, group, or organization achieves its goals or objectives, often measured against known standards of accuracy, completeness, cost, and speed.

Diversity

The inclusion of individuals with a variety of characteristics such as age, gender, cultural background, and experiences within a group or organization.