In General,the More Economically Advanced a Society Is,the More Its

question 45

Multiple Choice

In general,the more economically advanced a society is,the more its output will be concentrated in

• A)agriculture.
• B)manufacturing.
• C)services.
• D)transportation and communications.

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Definitions:

Teenagers

Youth in the age range from 13 to 19 years, characterized by significant physical, psychological, and social development.

Unemployment Rates

The fraction of the whole employment population that lacks a job, however, is actively hunting for one and eager to work.

Prime Working Age

The age range, typically 25 to 54 years, considered most productive and economically active in the workforce.

Natural Rate

A term often used in economics to describe the level of output or unemployment that the economy tends toward in the long run, unaffected by short-term fluctuations.