The Figure Given Below Represents the PPC in Two Nations

question 4

True/False

The figure given below represents the PPC in two nations - Germany and Korea, producing only two goods, cars and food.Figure 2.4

-If an economy is operating at a point outside the PPC, either the society has resources that are not being fully used or production is not efficient.

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Definitions:

Highest Rates

The most elevated frequency or level of an occurrence or phenomenon within a specific area or among a particular group or population.

Hygiene Hypothesis

A theory suggesting that a lack of early childhood exposure to infectious agents, symbiotic microorganisms, and parasites increases susceptibility to allergic diseases by suppressing the natural development of the immune system.

Modern Society

Refers to the current state of social, economic, and technological development and organization in human societies.

Cleanliness

The practice of keeping oneself and one's surroundings clean, minimizing exposure to dirt, germs, and pollutants.