The "Silent Giant" That Feeds Most of the World's Poor

question 72

Multiple Choice

The "silent giant" that feeds most of the world's poor is inefficient because it relies upon

• A)subsistence farming best suited for low population densities in regions with the fastest population growth.
• B)subsistence farming best suited for high population densities in regions with the slowest population growth.
• C)agricultural practices that require the heavy use of fertilizers and pesticides that degrade the environment.
• D)individuals walking over large regions to collect wild fruits,nuts,berries,and wood for fuel.

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Definitions:

Balancing the Budget

The process of adjusting income and expenditure so that they equal each other, resulting in neither a budget deficit nor a surplus.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, bank deposits, and other liquid assets.

Expansionary Monetary Policy

A monetary policy approach used by central banks to increase the money supply and lower interest rates, aiming to stimulate economic growth.

Classical Economics

A school of thought in economics that emphasizes the importance of free markets, competition, and the self-regulating nature of economies.