Asked by Viviana Vergara on Jun 29, 2024
Verified
The transition to a developing economy typically involves a movement away from agriculture.
Developing Economy
An economy with a low level of material well-being, often characterized by low income, inequality, poor health outcomes, and inadequate education systems.
Agriculture
The practice of cultivating the soil, growing crops, and raising livestock for human use and consumption.
- Ascertain the importance of human resources and physical assets in the enhancement of economic progress.
Verified Answer
ZK
Zybrea KnightJul 03, 2024
Final Answer :
True
Explanation :
As economies develop, they often move from primarily agricultural activities to industrial and service-oriented sectors, leading to urbanization and increased productivity in other areas of the economy.
Learning Objectives
- Ascertain the importance of human resources and physical assets in the enhancement of economic progress.
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