Asked by
Yosiria Serpas
on Oct 12, 2024Verified
The most obvious measure of low levels of development is
A) oil production.
B) lack of water.
C) low per capita income levels.
D) bilingualism.
E) a dual economy.
Per Capita Income
The average income earned per person in a given area or country, calculated by dividing the total income of the area by its population.
Dual Economy
An economic model that suggests the coexistence of two separate sectors within one economy, traditionally a modern industrial sector alongside a traditional agricultural sector.
- Identify measures and indicators of economic development levels.
Verified Answer
GB
Learning Objectives
- Identify measures and indicators of economic development levels.
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