Answer:
A developing country (or a low and middle-income country (LMIC),
Explanation:
less developed country, less economically developed country (LEDC), medium-industrialized country or underdeveloped country) is a country with a less developed industrial base and a low Human Development Index (HDI) relative to other countries.
Answer:
Concrete operations
Explanation:
Concrete Operational Stage: This is the third stage in the cognitive-developmental theory given by Jean Piaget. This stage starts from the age of seven and lasts through the age of eleven years i.e, the time during middle childhood.
In the concrete operational stage the child becomes mature enough to implement logical operations or thought, for example, rules and regulations yet are only able to implement this logic to physical objects that is why it is known as concrete operational.
Conservation is one of the major characteristics of this stage.
Example: A child can differentiate between the amount of a liquid that will remain the same if nothing is taken or added in that liquid.
Answer:
Market movements and price fluctuations are influenced by a number of factors, such as economic reports, large institutional block trades and such like. Of all these factors, one that is often underestimated is the impact of commodity prices. Fluctuating commodity prices not only have a significant impact on business, they also impact the trading markets and the overall economy. Generally, the impact of commodity price fluctuations depends on whether that economy is a net importer or net exporter of commodities.
For economies that are net importers, commodity price increases act almost like trade tariffs. This is because it makes the import of raw materials and sources of energy, required for the everyday functioning of different economic sectors, more expensive.
Economies that are net exporters, on the other hand, benefit from increasing prices, since their income increases with the sale of those commodities. At the same time, a steep rise in prices could reduce the demand for commodities and lead to losses.
Explanation:
Cotton was short and weeds were tall North Carolina had to import some of its food during the 1930s farmers left their land for the mills and mines of cities
-China's physical geography made farming possible but travel and communication difficult.
-geography kept early China culturally and economically isolated from the rest the world.
