1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
loris [4]
3 years ago
6

Why does a large industrial sector not always indicate that a nation is fully developed?. . A.Development depends on rate of ind

ustrialization. . B.The standard of living may not have risen with industrial growth. . C. Environmental standards may differ from industrial standards. . D.Focus on industry may slow technological advancement
Business
2 answers:
Leviafan [203]3 years ago
7 0

A large industrial sector doesn’t always indicate that a nation is fully developed because the standard of living may not have risen with industrial growth. An example of this is North Korea. It has a large industrial sector but also a low standard of living, so it’s not considered developed. The correct answer between all the choices given is the second choice or letter B. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

BaLLatris [955]3 years ago
4 0

Answer:

The answer is: B)The standard of living may not have risen with industrial growth.

Explanation:

A large industrial sector is only one of many different variables generally applied to determine if a country is fully developed or not. The most commonly used variables are:

  • gross domestic product (GDP),
  • the per capita income,
  • level of industrialization,
  • amount of widespread infrastructure,
  • general standard of living.

The easiest way to analyze this is by using China as an example. China in a very short term will be the country with the highest GDP in the world (it currently is number 2 after the US). It is very industrialized. Has continually invested in enormous infrastructure projects.

But it still lags in GDP per capita, it is not very high, only $8,826.99 in 2017, while the US GDP per capita in 2017 was $59,531.66

Other element in which they are not doing so well, even though they have improved A LOT, is the general standard of living. China still needs to improve even more in this part and that takes time.

So even as China will probably become the world's largest economy, they aren't considered fully developed yet.

You might be interested in
Luana loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of each
Ray Of Light [21]

Answer:

Explanation:

Ordinary Annuity = Investment * PVAF(Interest, number of years)

Ordinary Annuity = $710 * PVAF(4%,5 years)

=$710 * 4.4518

=$3160.79

4 0
3 years ago
What kind of table lists the quantity of a good that a person will buy at different prices?
Monica [59]

Answer: Demand Schedule

Explanation: A schedule is a table that lists quantity and price of a good. Since, here it is given quantity of a good that a person will buy we are referring to a single individual. So, the table which lists quantity for a good demanded by a single individual at different prices is given by an <em>individual demand schedule</em>.

6 0
3 years ago
Read 2 more answers
The fifth step of the financial planning process is to create and implement the financial action plan. What is involved in this
alexgriva [62]

Answer:

Developing an action plan that identifies ways to achieve your financial goals.

7 0
2 years ago
Direct Materials Purchases Budget
dimaraw [331]

Answer:

Since there is not enough room here, I prepared an excel spreadsheet

Explanation:

Download pdf
6 0
3 years ago
Suppose that you are a member of the Board of Governors of the Federal Reserve System. The economy is experiencing a sharp rise
monitta

As a member of the Federal Reserve Board, in an inflationary situation I would suggest a change in the federal funds rate that would be accomplished by raising the base interest rate of the US economy. This would make bonds more attractive and people would stop consuming to invest in public debt securities. In addition, raising interest rates would discourage credit, causing banks to lend less. Since inflation is a monetary phenomenon caused by the excess of currency in circulation, these measures would have a downward effect on inflation, as they reduce the amount of money in circulation in the economy.

6 0
3 years ago
Other questions:
  • C&amp;A sells 600 bottles of a dietary supplement per week at $100 per bottle. The supplement is ordered from a supplier who cha
    5·1 answer
  • Garcia Industries has sales of $167,500 and accounts receivable of $18,500, and it gives its customers 25 days to pay. The indus
    10·1 answer
  • Nick has set up his steel factory near a community lake. The waste from his factory is directly thrown in the lake and is causin
    5·1 answer
  • You want to have $60,000 in your savings account 12 years from now, and you’re prepared to make equal annual deposits into the a
    7·1 answer
  • A technology company that makes computers for professional use is trying to segment its customers. The company asked some profes
    7·1 answer
  • The amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the end of the year, and its revenue an
    9·1 answer
  • If a stock consistently goes down (up) by 1.6% when the market portfolio goes down (up) by 1.2%, then its beta equals:
    15·1 answer
  • North Inc. is a calendar-year C corporation, accrual-basis taxpayer. At the end of year 1, North accrued and deducted the follow
    10·1 answer
  • Why did Henry Gantt suggest that frontline supervisors should receive a bonus for each of their workers who completed their assi
    5·1 answer
  • In his fourth-grade class, Mr. Gold is incorporating a play about Benjamin and Deborah Franklin into the study of the history of
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!