In Which of the Following Countries the Literacy Rate Is

question 12

Multiple Choice

In which of the following countries the literacy rate is 100 percent?

• A) Mexico
• B) Canada
• C) Colombia
• D) Argentina
• E) Peru

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Definitions:

Market Failure

An instance where goods and services are distributed by an unregulated market in a manner that is not optimum, frequently causing a reduction in the total wellbeing of society.

Public Sector

The part of an economy that is controlled by the government, including public services and enterprises.

Capitalist Societies

Social systems that rely on private ownership of the means of production and operate on profit and market competition.

Political Power

The ability or authority to influence people's behavior or the course of events, often used within the context of government, organizations, or societies.