What Is the Main Reason Why Urbanization Is Increasing in South

question 107

Multiple Choice

What is the main reason why urbanization is increasing in South Asia?

• A) changes in the economics of agriculture resulting in greater mechanization
• B) official government policies that encourage city growth
• C) the high incidence of mosquito-borne illnesses in the countryside
• D) better economic opportunities in the cities
• E) Urbanization is a prerequisite for assistance from the International Monetary Fund.

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Definitions:

Consumer Equilibrium

A state where an individual’s allocation of income yields the highest utility, balancing costs and benefits across different goods.

Indifference Curve Analysis

A graphical representation used in economics to show different combinations of two goods that provide the consumer with the same level of satisfaction or utility.

Inelastic

A situation where the demand for a good or service is relatively unresponsive to changes in price.

Total Revenue

The total amount of money generated by a business from its primary activities of selling goods or services before any expenses are deducted.