A Study Concludes That in DVCs Rising Incomes Must First

question 34

Multiple Choice

A study concludes that in DVCs rising incomes must first be achieved and only then will there be slower population growth. What view of DVC population growth would it be supporting?

• A) Traditional view
• B) Peasant agriculture view
• C) The will-to-develop view
• D) Demographic transition view

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Definitions:

Price

The amount of money or its equivalent paid or charged for something, often determined by supply and demand.

Standardization

The process of establishing common standards or norms to ensure that products, services, or processes are consistent and compatible.

Futures Contracts

Standardized legal agreements to buy or sell something at a predetermined price at a specified time in the future, often used for commodities or financial instruments.

Liquidity

The ease with which an asset or security can be converted into cash without affecting its market price.