Examlex

Solved

Which of the Following Countries Had the Highest Level of Output

question 14

Multiple Choice

Which of the following countries had the highest level of output per capita in 1950?


Definitions:

Industrial Capitalism

An economic system characterized by private or corporate ownership of capital goods, production for profit, and the predominance of industrial manufacturing and services.

Government Contracts

Agreements made between a private company and the government to provide goods or services.

Mechanization

The process of using machinery and technology to perform tasks that were previously done manually.

Slave-Owning Indians

Indigenous peoples in the Americas who owned slaves, a practice influenced by European colonization.

Related Questions