Question

A city's potential for growth or its susceptibility to decline is determined by a set of economic activities that the city provides for the world beyond its boundaries. Economists refer to this set of activities as a city's _______

Answer 1

Answer:

Economic base.

Explanation:

Economic base refers to employers and companies that provide jobs in a given area.

An aspect of economic base called the basic industry is that portion of businesses that export to areas outside resulting in wealth coming into the economy.

The other aspect of economic base is the nonbasic industry that does not support exports.

Answer 2

Answer:

B

Explanation:

Economic base are businesses that generate employment in a community or a geographical area.

Economic base analysis is a theory that posits that activities in an area divide into two categories:

1) Basic industries are those exporting from the region and bringing wealth from outside.

2)Nonbasic industries support basic industries.

The basic industries of a region are identified by comparing employment in the region to national norms.