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Questions and Answers
What factors are included in the indicators of quality of life?
What factors are included in the indicators of quality of life?
- Access to luxury goods and designer clothing
- Access to transportation and internet
- Access to entertainment and video games
- Access to education and healthcare (correct)
What does the Human Development Index (HDI) measure?
What does the Human Development Index (HDI) measure?
- GDP growth rate
- Gross National Income (GNI)
- Literacy, life expectancy, and income (correct)
- Population density
Which of the following is a primary industry?
Which of the following is a primary industry?
- Agriculture and farming (correct)
- Textile industry
- Automobile production
- Consumer electronics manufacturing
Which factor does not affect wealth according to the text?
Which factor does not affect wealth according to the text?
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What is the primary focus of secondary industry?
What is the primary focus of secondary industry?
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What is Gross National Income (GNI) calculated as?
What is Gross National Income (GNI) calculated as?
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What industry focuses on the application of ideas and knowledge?
What industry focuses on the application of ideas and knowledge?
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Which economic system combines aspects of both capitalism and socialism?
Which economic system combines aspects of both capitalism and socialism?
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What is the key feature of a market economic system?
What is the key feature of a market economic system?
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Which type of trade involves buying and selling of goods and services?
Which type of trade involves buying and selling of goods and services?
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What characterizes a command economic system?
What characterizes a command economic system?
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Which term refers to the process of growing connections around the world?
Which term refers to the process of growing connections around the world?
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