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In national development, production is used as a measure because it doesn't impact the kind and value of products and services in the market.
In national development, production is used as a measure because it doesn't impact the kind and value of products and services in the market.
False
The increase in population of a country does not influence the need for higher production levels to cater to citizen's needs and wants.
The increase in population of a country does not influence the need for higher production levels to cater to citizen's needs and wants.
False
Workers' productivity has no effect on the overall level of production in a country.
Workers' productivity has no effect on the overall level of production in a country.
False
The private sector does not contribute to the development of a nation through setting up businesses and providing quality products and services.
The private sector does not contribute to the development of a nation through setting up businesses and providing quality products and services.
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It is not the government's responsibility to set policies on commerce, wage, and ownership in order to contribute to national development.
It is not the government's responsibility to set policies on commerce, wage, and ownership in order to contribute to national development.
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The Gross Domestic Product (GDP) is not an appropriate measurement of the level of productivity of a country.
The Gross Domestic Product (GDP) is not an appropriate measurement of the level of productivity of a country.
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The Philippines is not rich with natural resources like flora, fauna, and minerals.
The Philippines is not rich with natural resources like flora, fauna, and minerals.
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Labor does not play a vital role in the development of a nation.
Labor does not play a vital role in the development of a nation.
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Capital is not necessary for smooth and efficient production.
Capital is not necessary for smooth and efficient production.
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Using a gas oven in baking bread is slower than using coal according to the text.
Using a gas oven in baking bread is slower than using coal according to the text.
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