Which of the Following Statements Is True

question 25

Multiple Choice

Which of the following statements is true ?

• A) A less developed country (LDC) is a country with a low GDP per capita, low levels of capital, and uneducated workers.
• B) The vicious circle of poverty exists because GDP must rise before people can save and invest.
• C) LDCs are characterized by rapid population growth and low levels of investment in human capital.
• D) All of the above.

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Definitions:

Team-based Reward

A system of incentives designed to recognize and reward the collective achievements and contributions of a team towards organizational objectives.

TNC Products

Products marketed or produced by transnational corporations that operate in multiple countries.

Customer Guarantee

A promise made by companies to the buyer to ensure the quality, satisfaction, or performance of a product or service.

Core Disciplines

Fundamental areas of study or practice within a broader field that form the essential skills, knowledge, and expertise of that field.