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3 years ago

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

Business

1 answer:

sergey [27]3 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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xeze [42]

Answer:

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3 years ago

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shusha [124]

Answer:

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3 years ago

What is the first step in developing research-based business reports?

tatyana61 [14]

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3 years ago

1. David has a monthly net income of $1,360. His fixed monthly expenses consist of a rent

zalisa [80]

Answer:

The largest monthly payment he can afford for the T.V set in order to be kept within a safe load of 20% is $156

Explanation:

Before we calculate, let us extract the key information from this question:-

*** David's monthly net income is $1,360

*** David pays a monthly rent of $450

*** He is paying off a student loan which costs him $116 per month.

*** He intends purchasing a new T.v set

*** We are simply required to determine the largest monthly payment that David can afford for the T.v set in order for him to be kept within a safe load of 20%.

In order to calculate the largest monthly payment that he can afford for the T.v set so as to be kept within a safe load of 20%, we will need to determine the actual amount that is twenty percent of his net income. If his net income is $1,360 then twenty percent of it is:

20/100 × 1360

= 27200/100

= $272

All we need to do now to find the largest monthly payment he can afford for the TV set is to subtract the student loan that he is paying off monthly ($116) from twenty percent of his net income ($272). That is:-

$272 - $116 = $156

Therefore the largest monthly payment that David can afford for the television set in order for his credit card payments and student loan to keep him within a safe debt load of 20% is $156.

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3 years ago

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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?