Labour-intensive strategy of industrialization emphasizes the use of
Steam energy in the process of production
Manual method of production
Synthetic raw materials
Hydro-electric power
Correct answer is B
No explanation has been provided for this answer.
Deregulation
Import substitution
Tariff reduction
Backward integration
Correct answer is B
No explanation has been provided for this answer.
If a demand curve that intersects a perfectly inelastic supply curve shifts rightward, then
The equilibrium price and quantity will increase
Only the price will increase
Only the quantity will increase
The price will remain constant
Correct answer is B
No explanation has been provided for this answer.
Peasant agriculture
Plantation agriculture
Co-operative farming
Subsistence farming
Correct answer is D
No explanation has been provided for this answer.
The major factor that causes fluctuations in the supply of agricultural produce is
High price
Pests
Weather variations
Rural-urban migration
Correct answer is C
No explanation has been provided for this answer.