Which of the following are examples of infrastructure?(1 point)

Question

Responses

coffee, cotton, and tea crops
coffee, cotton, and tea crops

oil refinement and health care
oil refinement and health care

institutions, administration, and education
institutions, administration, and education

local and national politicians

Answer 1

Among the options provided, "institutions, administration, and education" are examples of infrastructure. Infrastructure typically refers to the fundamental facilities and systems that support the functioning of a society, including institutions and educational systems.

The other options do not fit within the standard definition of infrastructure:

• Coffee, cotton, and tea crops are agricultural products.
• Oil refinement and health care involve services and industries but are not classified as infrastructure themselves.
• Local and national politicians are individuals involved in governance, not infrastructure.

Answer 2

Which of the following is an example of quaternary activity?(1 point)
Responses

cloth manufacturing
cloth manufacturing

data analysis
data analysis

mineral extraction
mineral extraction

banking

Answer 3

Among the options provided, data analysis is the best example of a quaternary activity. Quaternary activities involve knowledge-based services, including information technology, research and development, financial services, and education.

Here is a brief overview of the other options and their classifications:

• Cloth manufacturing: This is a secondary activity, as it involves manufacturing and processing raw materials.
• Mineral extraction: This is a primary activity, as it involves the extraction of natural resources.
• Banking: While banking can be considered a tertiary activity (service sector), it is not typically classified as quaternary, which focuses more on knowledge and information services.

So, the correct answer is data analysis.

Answer 4

Which of the following is a limitation of using gross domestic product (GDP) to measure economic development?(1 point)
Responses

It overlooks economic growth.
It overlooks economic growth.

It overemphasizes population.
It overemphasizes population.

It ignores distribution of wealth.
It ignores distribution of wealth.

It exaggerates the role of health.

Answer 5

The correct response is "It ignores distribution of wealth."

Using gross domestic product (GDP) as a measure of economic development has several limitations, one of which is that it does not account for how wealth is distributed within a country. GDP measures the total economic output, but it does not provide information about income inequality or the disparity between the rich and the poor. Therefore, a country could have a high GDP and still have significant poverty and inequality.

The other options do not accurately reflect limitations of GDP:

• It overlooks economic growth is incorrect, as GDP is a measure of economic growth.
• It overemphasizes population is misleading; while GDP per capita can show output relative to the population, GDP itself does not emphasize population.
• It exaggerates the role of health is not a specific criticism of GDP. GDP does not directly measure health or well-being.

Thus, "It ignores distribution of wealth" is the most pertinent limitation of using GDP as a measure of economic development.

Answer 6

How does the level of development in a country impact responses to resource scarcity?(1 point)
Responses

Economically developed countries don’t experience scarcity because they have lower levels of resource consumption.
Economically developed countries don’t experience scarcity because they have lower levels of resource consumption.

Economically developed countries have more money to secure needed resources through trade.
Economically developed countries have more money to secure needed resources through trade.

Less economically developed countries have money to invest in technology to better utilize available resources.
Less economically developed countries have money to invest in technology to better utilize available resources.

Less economically developed countries have more money to secure needed resources through trade.

Answer 7

The correct response is "Economically developed countries have more money to secure needed resources through trade."

Economically developed countries typically have greater financial resources, allowing them to secure necessary resources through trade, utilize advanced technologies, and invest in efficient resource management practices. They can more easily import resources they lack and invest in sustainable practices.

The other responses are inaccurate for the following reasons:

• "Economically developed countries don’t experience scarcity because they have lower levels of resource consumption.": This is incorrect; developed countries often have higher levels of resource consumption.

• "Less economically developed countries have money to invest in technology to better utilize available resources.": Generally, this is not true, as less economically developed countries typically have limited financial resources to invest in new technologies.

• "Less economically developed countries have more money to secure needed resources through trade.": This is misleading, as less economically developed countries generally struggle more with trade due to lower financial resources.

So, the most accurate statement regarding the impact of a country's level of development on responses to resource scarcity is that economically developed countries have more money to secure needed resources through trade.

Answer 8

Other than the availability of labor and resources, what factors into the location of economic establishments?(1 point)
Responses

the availability of transport networks
the availability of transport networks

the natural environment of a place
the natural environment of a place

the climate of a place
the climate of a place

the formal region of a place

Answer 9

The correct response is "the availability of transport networks."

In addition to labor and resources, transport networks play a crucial role in the location of economic establishments. Effective transport infrastructure allows for the efficient movement of goods and services, which is vital for businesses to operate successfully. Proximity to transport networks can significantly influence the logistics and costs associated with production and distribution.

While the other options also can impact the location of economic establishments, they are generally more indirect compared to transport networks:

• The natural environment of a place: This can influence industries like agriculture or tourism but is less critical for general economic establishments.

• The climate of a place: This is primarily relevant for certain industries, such as agriculture, but not all economic establishments are affected by climate.

• The formal region of a place: This refers to a defined area with specific characteristics but is less commonly a direct factor in the location of economic establishments compared to transport networks.

Thus, the most relevant factor among the provided options is the availability of transport networks.

Answer 10

What conclusion can you draw about the level of economic development in countries with different specializations in a commodity chain?(1 point)
Responses

Primary sector specializations would earn the highest wages.
Primary sector specializations would earn the highest wages.

Tertiary sector specializations would earn the highest wages.
Tertiary sector specializations would earn the highest wages.

Secondary sector specializations would earn the highest wages.
Secondary sector specializations would earn the highest wages.

Quaternary sector specializations would earn the highest wages.

Answer 11

The correct response is "Quaternary sector specializations would earn the highest wages."

In general, the level of economic development in a country is often correlated with the types of specializations present in the commodity chain. Countries that specialize in the quaternary sector, which involves knowledge-based activities such as research and development, information technology, financial services, and education, typically offer higher wages. This is due to the advanced skills and higher levels of education required in these sectors, as well as their contribution to innovation and economic growth.

The other sectors typically earn lower wages in comparison:

• Primary sector specializations involve the extraction of natural resources (e.g., agriculture, mining) and usually earn the lowest wages, especially in less developed countries.
• Secondary sector specializations encompass manufacturing and industrial processes, which can offer moderate wages but typically do not reach the levels seen in the quaternary sector.
• Tertiary sector specializations involve services, which can vary widely in wage levels, but quaternary sector roles tend to be higher paid due to their specialized nature.

Thus, the conclusion is that quaternary sector specializations would earn the highest wages, indicating a higher level of economic development.