Answer:
Country C
Explanation:
This Country has highest population and GDP
Most people were engaged in agriculture as in the U.S. in 1820. They
farmed to feed and clothe themselves; in other words, they engaged in
subsistence agriculture. Most people did not own land. The land was
owned by a few, such as hacendados or the Roman Catholic Church.
There
were export sectors in economies. Exports were of two basic kinds:
agricultural and mineral. Argentina and Uruguay exported cattle hides
and salted beef. Bolivia exported silver and mercury; Peru: silver and,
later, guano; Colombia: precious metals and sugar; Brazil: sugar and,
later, coffee; and Mexico: silver, gold, and cotton. Most of these
exports went to Europe. Little went to each other. None of it in huge
volumes even in Argentina until the late 19th century. The countries
lacked capital, communications networks, and technology to develop the
export business. Besides, the upper class was able to meet its needs
without much economic expansion. Societies were run for the benefit of
the upper classes.
The selection of the highest point on the production possibilities frontier is most likely to result in the largest increase in economic growth over time.
<h3>What is production possibility frontier?</h3>
Production possibility frontier shows that there limits on production and that a good will increase of there is a corresponding increase in another.
may increase only if the production of the other commodity decreases.
The two products or commodity will depend upon the resource for manufacturing.
Therefore, the selection of the highest point on the production possibilities frontier is most likely to result in the largest increase in economic growth over time
Learn more on economic growth below
brainly.com/question/1690575
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