An advantage of large-scale farming over peasant farming is in the area of?

A major feature of an underdeveloped economy is?

A. excess capacity utilization B. low rate of population growth C. low level of standard of living D. low level of unemployment Correct Answer: Option C – low level of standard of living Explanation An underdeveloped economy is characterized by low per capita...
An advantage of large-scale farming over peasant farming is in the area of?

Wage freeze is a policy measure aimed at?

A. encouraging investors B. curbing inflation C. regulating standard of living D. curbing deflation Correct Answer: Option B – curbing inflation Explanation Wage Freeze; A policy in which a company refuses to raise wages and salaries for a period of time. A wage...

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