Economics 0455 · IGCSE · Differences in economic development between countries

Differences in economic development between countries — practice question

In certain developing countries, a high proportion of the population works in subsistence farming. What conclusion can be drawn from this?

  • AEach family will be able to produce enough to live on.
  • BProduction is unlikely to be capital intensive.
  • CProduction will be efficient.
  • DThere will be a high level of trade.

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