Economic Activities

GDP or GNP is an indicator of the wealth of a nation as a whole.

All of the following are reasons why most poor countries are stuck in a cycle of poverty EXCEPT

All of the following are developed countries EXCEPT _______________.

Which of the following is NOT a secondary economic activity?

Many people in underdeveloped countries work in service industries.

GNP or GDP refers to the total value of goods and services produced by a country in a year per person.

Banana plantations and cattle ranches are examples of subsistence farming.

Farming, mining, and forestry are all examples of _____________ economic activity.

In which of the following countries would primary economic activity be most prevalent (common)?

Healthcare, education, retail, law enforcement, etc are examples of ______________.

In which of the following would tertiary and quaternary economic activity be most prevalent?

All of the following are underdeveloped countries EXCEPT ______________.

What type of country would likely have the lowest per capita GDP?

Developed countries have low per capita GDPs.

A ______________ country lacks industry and modern technology but shows evidence of economic progress.

Per capita GDP is an indicator of the standard of living of citizens in a country.

Nomadic herding is the process of turning raw materials into finished products.

What makes commercial farms in developed countries more successful than subsistence farms in poor countriers?

Most people in developed countries have __________ governments and ___________ economic systems.

Which level of economic activity would be most influenced by the land and climate of a region?

Service industries deal directly with natural resources and require little education or skill.

Poor countries are stuck in a cycle of poverty for all the following reasons EXCEPT