What conclusion can you draw about the level of economic development in countries with different specializations in a commodity chain?(1 point)
Responses
Secondary sector specializations would earn the highest wages.
Secondary sector specializations would earn the highest wages.
Primary sector specializations would earn the highest wages.
Primary sector specializations would earn the highest wages.
Quaternary sector specializations would earn the highest wages.
Quaternary sector specializations would earn the highest wages.
Tertiary sector specializations would earn the highest wages.
Tertiary sector specializations would earn the highest wages.
1 answer
The level of economic development in countries with different specializations in a commodity chain may vary depending on the sector they are focusing on. Generally, countries with a specialization in the quaternary sector may have a higher level of economic development and may therefore be able to offer higher wages compared to countries specializing in the primary or secondary sectors. Additionally, countries with a focus on the tertiary sector may also have a higher level of economic development and be able to provide higher wages. Ultimately, the level of economic development in a country with a certain specialization in the commodity chain can impact the wages earned in that sector.