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| 1 . |
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An MDC is also known as a relatively developed country.
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| 2 . |
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Your text has divided the world into nine major regions and two areas based on dominant languages, religions, and cultural and demographic characteristics.
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| 3 . |
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Anglo-America's relative homogeneity reduces the possibility that a large minority will be excluded from participating in the region's economy on the basis of cultural characteristics.
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| 4 . |
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Anglo-America produces more manufactured goods than services.
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| 5 . |
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The gross domestic product (GDP) is the value of the total output of goods and services produced in a country, normally during one year.
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| 6 . |
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Dividing the GDP by total population measures the contribution the average individual makes to generate a country's wealth in a year.
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| 7 . |
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Per capita GDP measures distribution of wealth.
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| 8 . |
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The primary sector of an economy involves the mining of the earth's resources, including food production (agriculture and fishing) and forestry.
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| 9 . |
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The secondary sector includes the transformation of raw materials into useful products.
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| 10 . |
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The tertiary sector involves services in exchange for payment.
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| 11 . |
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A high percentage of agricultural workers in a country indicate that most of its people are spending their days producing food for export.
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| 12 . |
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Productivity is the value of a particular product compared to the amount of raw materials needed to produce it. [Hint]
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| 13 . |
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The value added in manufacturing is the gross value of the product minus the costs of raw materials and energy.
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| 14 . |
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As a result of greater exposure to cultural diversity, people in developed countries display different social characteristics from people in LDCs.
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| 15 . |
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Using this map, India has the same student-teacher ratio as does Sri Lanka. [Hint]
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| 16 . |
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This map indicates that Ecuador has the same percent of labor force engaged in agricultural activities as does Turkey.
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| 17 . |
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Literacy rate is the percentage of a country's people who can read only.
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| 18 . |
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Under self-sufficiency, incomes in the countryside keep pace with those in the city, and reducing poverty takes precedence over encouraging a few people to become wealthy consumers.
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| 19 . |
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Two problems with the self-sufficiency alternative are inefficiency and lack of choice. [Hint]
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| 20 . |
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According to Rostow, a traditional society defines a country that has started a process of development.
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| 21 . |
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Under Rostow's international trade model, the process of development begins when the country starts to invest in new technology and infrastructure.
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| 22 . |
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Most LDCs converted from self-sufficiency to the international trade model during the 1990s.
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| 23 . |
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Financing for LDCs primarily comes from two sources: loans from banks and international organizations, and direct investment from governments.
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| 24 . |
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Loans outstanding to LDCs (and provided by MDCs) was about $2.1 trillion in 1996, an increase of about $1 trillion in a decade.
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| 25 . |
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The World Bank has judged half of the projects it has funded in Africa to be failures.
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| 26 . |
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Transnational corporations (often referred to as multinational corporations), once popular only with the United States, are now found in other MDCs.
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