Which Type of Economy Consumes Most of Its Output and Barters

question 90

Multiple Choice

Which type of economy consumes most of its output and barters the rest for simple goods and services?

• A) industrial economy
• B) developed economy
• C) subsistence economy
• D) emerging economy
• E) raw material exporting economy

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Definitions:

Inner Tube

A rubber tube located inside some types of tires that is inflated to hold air pressure.

E-7018 Electrode

A type of welding electrode used for shielded metal arc welding, known for its low-hydrogen coating and suitability for welding carbon steel.

Harsh Environment

A demanding or extreme condition in which equipment or individuals operate, often characterized by high pressures, temperatures, humidity, or corrosive elements.

Construction Site

A location where construction work such as building, engineering, or demolition projects is carried out.