Examlex

Solved

From 1950 to 2011 the Number of People Who Lived

question 5

Multiple Choice

From 1950 to 2011 the number of people who lived on farms fell from 23 million to fewer than 3 million? Which of the following factors have contributed to this trend?


Definitions:

Financial Services

A broad range of services including banking, investment, insurance, and other fiscal transactions that are managed or offered by financial institutions.

Affordability Trap

A situation where individuals or families are unable to save for the future or improve their socio-economic status due to high living costs relative to their income.

Base-Of-The Pyramid Markets

Economically disadvantaged segments that represent a large, but often underserved, group of consumers at the bottom of the economic pyramid.

Reverse Innovation

The process of taking innovations developed in emerging markets and repackaging them for developed markets.

Related Questions