Which of the Following Is True

question 206

Multiple Choice

Which of the following is true?
i.The advanced economies account for more than half of global production.
ii.Almost four out of every five people in the world live in the developing economies.
iii.In the advanced economies,agriculture accounts for a larger part of total production than in the developing economies.

• A) Only i and ii
• B) Only ii and iii
• C) Only i and iii
• D) Only i
• E) i, ii, and iii

---

Definitions:

Intellectual Property

A category of property that includes intangible creations of the human intellect, such as inventions, literary and artistic works, designs, and symbols.

Royalty

A payment made to an individual or organization for the right to use a particular work, such as a song, book, or patent.

Franchising

A business model that allows individuals to buy and operate a branch of a larger company, using its branding, systems, and support.

Transit Hubs

Centralized areas where different modes of transportation come together, facilitating the transfer of passengers from one mode to another.