Question

A city’s economic base can be viewed in terms of a multiplier process, in which the money that is brought in through export activities is then respent within the city. Which of the following economic activitiesis the least likely to be considered a high-impact or high-multiplier economic base activity?A. TourismB. RetirementC. Computer assemblyD. Specialized medical services

Answer 1

Answer:

C. Computer assembly

Explanation:

Economic base refers to the potential for a city to grow or it's susceptibility to decline which is defined by a set of economic activities that city provides for the world beyond its geographical boundary. Given the following options, computer assembly seems to the least likely to be considered as high impact for either the economic base to grow or to decline. Computer assembly is a large part of a technician job that just involves assembly of computer parts.

Answer 2

Answer:

The least likely to be considered a high-impact or high-multiplier economic base activity is option C) Computer Assembly

Explanation:

Economic activities generate exchange in terms of sales and in larger scale, exports.

There are three basic kinds of economic activity:

• Primary Economic Activity. uses natural resources directly to provide the basic raw materials for industry
• Secondary Economic Activity. uses raw materials to produce or manufacture something new
• Tertiary Activities. provides services to people and businesses

The options A to D highlights primary, secondary or tertiary economic activity except option C) Computer Assembly