Which of the following physical features is not found in Africa?
Answer Expert Verified. The Euphrates River is not found in Africa. The Euphrates River with the Tigris River form a major river system in Western Asia. The Euphrates River rises where the Karasu River and Murat River meet in northeastern Turkey and flows southeast across Syria and through Iraq.
Which of the following statements about industry and production in the United States and Canada is false?
The correct answer is B) Smog has not affected Canada because Canada’s overall climate is too cool for air pollution. The statement about industry and production in the United States and Canada that is false is “Smog has not affected Canada because Canada’s overall climate is too cool for air pollution.”
Which of the following statements best characterizes the impact of agriculture on different regions of the world?
The statement that best characterizes the impact of agriculture on different regions of the world is: ” Regions of the world that are best suited to growing cash crops, such as wheat and corn, receive the most economic benefit.”
Which factor is most directly related to the level of economic development of a country?
Following are some of the important factors that affect the economic growth of a country: (a) Human Resource: Refers to one of the most important determinant of economic growth of a country. The quality and quantity of available human resource can directly affect the growth of an economy.
What is the best measure of development of a country?
Economic growth assesses the expansion of a country’s economy. Today, it is most popularly measured by policymaker and academics alike by increasing gross domestic product, or GDP.
How do you build a good economy?
While there is much debate about how that can truly be achieved, here are 5 ways which illustrate steps towards economic growth.
- Keeping Manufacturing Units in the Country.
- Free and Fair Trade.
- The Strength of Innovators and Entrepreneurs.
- Crowdfunding; Bringing the Nation Together.
What are the key sources of economic growth?
Broadly speaking, there are two main sources of economic growth: growth in the size of the workforce and growth in the productivity (output per hour worked) of that workforce. Either can increase the overall size of the economy but only strong productivity growth can increase per capita GDP and income.
What are the main sources of economic growth quizlet?
The three sources of economic growth are capital growth, labor growth, and productivity growth.
What are the policies to encourage economic growth?
Policies for Economic Growth
- Privatisation, deregulation, tax cuts, free trade agreements (free market supply side policies)
- Improved education and training, improved infrastructure. (interventionist supply side policies)
Why is investment essential to the economy?
Investment adds to the stock of capital, and the quantity of capital available to an economy is a crucial determinant of its productivity. Investment thus contributes to economic growth. (Recall from the chapter on economic growth that it also shifts the economy’s aggregate production function upward.)
What determines consumption and investment?
Consumption is the flow of households’ spending o goods and services which yield utility in the current period. Saving is that part of disposable income which is not spent. Investment is firms ‘spending on goods which are not for current consumption but which yield a flow of consumer goods and services in the future.
Does investing help the economy?
Business investment can affect the economy’s short-term and long-term growth. In the short term, an increase in business investment directly increases the current level of gross domestic product (GDP), because physical capital is itself produced and sold.
What role do investors play in the economy?
Investments leads to asset creation that leads to enhanced production, employment and overall economic progress.
Does a good stock market mean a good economy?
The stock market is an excellent economic indicator for the U.S. economy. It reflects how well all listed companies are doing. If investors are confident, they will buy stocks, stock mutual funds, or stock options.
What is the relationship between stock market and economy?
The Stock Market and Consumer Spending A rising stock market is usually aligned with a growing economy and leads to greater investor confidence. Investor confidence in stocks leads to more buying activity which can also help to push prices higher. When stocks rise, people invested in the equity markets gain wealth.
What will make the market crash?
A stock market crash is caused by two things: a dramatic drop in stock prices and panic. Here’s how it works. Stocks are small shares of a company, and investors who buy them make a profit when the value of their stock goes up.