Answer:
From the group of choices provided the correct option is letter "b".
Explanation:
Rent control is an illustration of a price ceiling because it sets the maximun price that a landlords can charge tennants. And the minimum wage is an illustration of a price floor, because it represents the minimum amount that can be charged for a product, good or service.
Answer:
Some countries are less developed than others because they lack resources and there are structural inequalities. Nepal is still a less developed country because of the rugged geography and endemic poverty of a large part of its population.
Explanation:
Using the Human Development Index Nepal is ranked as a medium in the human development category. The Human Development Index considers factors life expectancy
, average years of schooling, and the GNI per capita. Between 1990 and 2018 Nepal improved on these indicators by 52%. This is impressive for a country that in 1950 was still an isolated and highly agrarian society with very few schools or hospitals. There was a lack of roads and communication, and there was little to no electric power to fuel industries.
Today, agriculture still dominates the economy. About 65% are employed in agriculture and it makes up close to 32% of Nepal's GDP. Only about 20% of the terrain is cultivable. The rest is mountainous or forested and the economy is shored up by foreign remittances of workers who emigrate temporarily or semi-perminantly to other countries.
Answer:
The resources in a region help people decide which crops to grow and which goods to produce. ... Specialization results when people make goods using the resources they have. Today all regions of the United States are interdependent. People trade with other regions for goods and services they do not have.
