It Is More Costly to Do Business in Relatively Primitive

question 93

True/False

It is more costly to do business in relatively primitive or undeveloped economies because of the lack of infrastructure and supporting businesses.

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Definitions:

Disadvantaged Groups

Populations that suffer from economic, societal, or educational deficiencies compared to the general community.

Caucasian

Refers to people of European, North African, or Southwest Asian ancestry.

African Americans

A racial or ethnic group in the United States with ancestry from any of the black populations of Africa.

Socioeconomic Status

A measure of an individual's or family's economic and social position relative to others, based on income, education, and occupation.