Question:
Which best describes the challenge faced by developing countries that depend on the international sale of one natural resource?
A) Lack of diversification
B) Stagnant prices
C) Declining stocks
D) Increased competition
E) Lack of manufacturing
Answer:
The correct answer is A) Lack of Diversification
Explanation:
Economies that suffer from the above-described problem are referred to in economic parlance as Mono-product economies.
In real-world scenarios, many countries which are described with the above term actually have the capacity to produce and export other products. But for some reasons such as politics, poor governance, poor leadership, lucrativeness or productivity of the primary product, etc they are content to explore and export one product which constitutes between 75-100% of their gross national revenue.
Examples of such countries are:
- Nigeria (Primary Product - Crude Oil products)
- Zambia (Primary Product - Refined and Unrefined Copper)
- Venezuela (Primary Product - Crude Oil products) and
- Angola (Primary Product - Mineral Fuels...especially crude oil)
Cheers!
just get a ruler and draw a picture
Answer: D. To determine appropriate course placement for students wishing to enroll in college
Answer:
D. Any action that is meant to help others
Explanation:
Prosocial behavior are basically helping actions. Any form of actions that is done that benefits others. Although, A may fit the bill, the difference is that it describes altruism. Prosocial behavior is just the action taken, not considering the motivation.
According to James Stephens, curiosity will conquer fear.
Curiosity is something that brings the mind to a desire for a better understanding. It's like a whisper in your ear saying to explore and discover what is calling for your understanding. You can divert in an instant to a better thought and feeling with the help of curiosity. I think of curiosity as another world that is just waiting to be acknowledged. Curiosity has helped me increase my talent in many things in life.
lol that is a hard subject to talk about.
According to James Stephens, curiosity will conquer fear.
:) one of my favorite quotes...
