Which of the Following Statements Is True About the U

question 27

Multiple Choice

Which of the following statements is true about the U.S.economy?

• A)The United States produces nearly one-fifth of the world's production.
• B)The United States has the world's third largest economy.
• C)The United States produces less than half as much as China does.
• D)The United States produces less than one-third as much as Japan does.

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Definitions:

Arsenal of Venice

A historic shipyard and arms depot in Venice, renowned for its role in the maritime power and economic success of the Venetian Republic.

Galleons

Were large multi-decked sailing ships used primarily by European states from the 16th to 18th centuries, mainly for oceanic exploration and warfare.

Gainsharing Plan

A program designed to encourage teamwork, improvement of performance and productivity, by sharing with employees the gains achieved through their efforts.

Job Design Strategies

Job design strategies involve creating roles and responsibilities within an organization that enhance worker satisfaction and productivity.