If a Nation Starts Out with Very Little Capital

question 73

Multiple Choice

If a nation starts out with very little capital

• A)it is doomed to eternal poverty because it will not be able to divert productive resources from producing consumer goods to producing capital goods.
• B)it can quite easily divert some resources from producing consumer goods to producing capital goods.
• C)if it is lucky enough to possess a valuable commodity that the industrial world wants such as oil,it can sell its oil in exchange for plant and equipment and thus industrialize.
• D)None of the choices are true.

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Definitions:

ABO Blood Groups

The ABO blood group system is one of the most important blood-type systems in human blood transfusion, comprising four main blood groups: A, B, AB, and O.

Passive Immunity

Immunity acquired by the transfer of antibodies or activated T-cells from another individual, providing temporary protection against disease.

Active Immunity

Immunity that results from the production of antibodies by the immune system in response to the presence of an antigen.

Babies

Young human offspring, particularly from birth until they can walk.