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Match Each Term with Its Description

question 38

Multiple Choice

Match each term with its description.
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Identify strategies for developing countries to break out of the vicious circle of poverty.
Distinguish between capital-using and capital-saving technological advances with examples.
Explain the demographic transition theory.
Describe the World Bank and its major objective.

Definitions:

Dollar Value

The worth of a good or service expressed in terms of the amount of money that it can be bought or sold for in the market.

Form Utility

The value added by the process of transforming raw materials into a finished product that is more useful and valuable to consumers.

Manufacturing

The process of converting raw materials or components into finished goods through the use of labor, machinery, and equipment.

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