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2 years ago

how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?

Business

1 answer:

dolphi86 [110]2 years ago

3 0

Answer:

A larger industrial and service sector, and a larger number of people working outside of agriculture, can indicate a higher level of industrialization in the economy and vice versa. This means that the size of industrial service and the sector of agriculture employment rate indicates the level of industrialization because if the agriculture employment is higher than the industrial service it means that the country is not fully developed yet and therefore the level of industrialization is lower. But if the industrial service is higher than the agriculture employment that suggests or indicates that the country is developing or developed. For example in the United States the size of the industrial/service sector is much larger than it's agricultural employment and therefore this should suggest that country is much more industrialized or developed and the United States is. In comparison you take a developing country such as Chad and you can see that the agricultural employment is higher than the size of the industrial/service sector and in relation to this you can see that Chad must have a lower level of industrialization and in fact it does.

Explanation:

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2 years ago

A very small country's gross domestic product is $12 million.

Alekssandra [29.7K]

Answer:

The amount of net exports of goods and services is -$1 million.

Explanation:

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3 years ago

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2 years ago

Pharoah Company began operations in July 2020. At the end of the month, the company prepares monthly financial statements. It ha

abruzzese [7]

Answer:

1.At July 31, the company owed employees $1,100 in salaries that the company will pay in August.

July, 31

DR Salaries Expense.................................................$1,100

CR Salaries Payable.................................................................$1,100

(To record accrued salaries expense)

2.On July 1, the company borrowed $20,000 from a local bank on a 10-year note. The annual interest rate is 12%.

July entry would be;

July 31,

DR Interest Expense ................................................$200

CR Interest Payable ............................................................$200

(To record interest accrued for the month)

Working

= 20,000 * 12%/12 months

= $200

3. Service revenue unrecorded in July totaled $3,000.

July 31,

DR Accounts Receivable .......................................$3,000

CR Service Revenue ...............................................................$3,000

( To record unrecorded Service revenue.)

3 0

3 years ago

how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?​

how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?