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Which of the bellow is the greatest indicator of a country being developed or developing?
Salt
Export
Specialization
Traditional Economy
False
Import
Non-Renewable resource
Gross Domestic Product (GDP)
Countries do this because they can’t produce or make things for themselves.
Salt
Export
Specialization
Traditional Economy
False
Import
Non-Renewable resource
Gross Domestic Product (GDP)
In this economy goods and services are traded, and money is rarely exchanged.
Salt
Export
Specialization
Traditional Economy
False
Import
Non-Renewable resource
Gross Domestic Product (GDP)
What type of resource is one that can’t easily be replaced? Examples of this type of resource are metals and fossil fuels.
Salt
Export
Specialization
Traditional Economy
False
Import
Non-Renewable resource
Gross Domestic Product (GDP)
Products or resources that are sold or traded to other countries are known as what?
Salt
Export
Specialization
Traditional Economy
False
Import
Non-Renewable resource
Gross Domestic Product (GDP)
Products or resources that come into a country are known as what?
Salt
Export
Specialization
Traditional Economy
False
Import
Non-Renewable resource
Gross Domestic Product (GDP)
Early trade started because people didn’t have certain resources like what?
Salt
Export
Specialization
Traditional Economy
False
Import
Non-Renewable resource
Gross Domestic Product (GDP)
True or False? Developed countries typically specialize in raw materials or low-cost items.
Salt
Export
Specialization
Traditional Economy
False
Import
Non-Renewable resource
Gross Domestic Product (GDP)
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