_____ Is the Primary Reason That Explains Why Some Nations

question 59

Multiple Choice

_____ is the primary reason that explains why some nations are richer than the others.

• A)A democratic government
• B)A strong judicial system
• C)Access to education
• D)Private ownership
• E)A stable currency

---

Definitions:

Service Department Allocations

The process of distributing overhead costs from service departments to producing departments based on a predetermined criterion.

Income

The revenue that a business or individual receives within a specified period, including wages, profits, rents, and other earned amounts.

Residual Income

Income that remains after deducting all costs, expenses, and taxes necessary to sustain the operation of the business.

Return On Investment

A financial metric used to evaluate the efficiency of an investment, calculated as the net profit divided by the initial cost of the investment.