Which Statement Best Describes How People Live Around the World

question 20

Multiple Choice

Which statement best describes how people live around the world?

• A) Almost half the world's people live off the land and subsist mainly on what they produce.
• B) Globalization has created the export of products and food to nearly 90 percent of people.
• C) Because of globalization,only 20 percent of the world's people still live off the land.
• D) Because of globalization,75 percent of the world's people are wage labourers.

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Definitions:

Product Development

The process of bringing a new product or service to the market, from idea generation and design to commercialization.

Introduction Stage

The phase in the product life cycle where a new product is launched into the market, characterized by initial promotional efforts and low sales growth.

Marketing Objective

Specific goals set by a business when promoting its products or services to potential consumers that should be achieved within a certain timeframe.

Introduction Stage

The first stage of a product's life cycle, where it is being introduced to the market, awareness is built, and initial sales growth is sought.