On Average,more Than Half the Labor Force in Developing Countries

question 102

True/False

On average,more than half the labor force in developing countries works in agriculture,versus only about 3 percent in industrial market countries.

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Definitions:

Compounded Annually

Calculating interest on the initial principal, which includes any accumulated interest from previous periods, once per year.

Contributions

Money that is given or paid into a fund or a plan, often used in contexts of pensions, insurance, and investments.

Investments

The act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.

Compounded Semi-annually

A method of calculating interest where the interest is added to the principal sum twice a year, resulting in interest on interest.