1. In developing countries, agriculture is the largest percentage, manufacturing is an increasing percentage, and services are...

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1. In developing countries, agriculture is the largest percentage, manufacturing is an increasing percentage, and services are a small percentage of total production.

Most production does not use modern capital-intensive technologies, but some industries do. People who work in factories have rising incomes while those who work in rural industries are left behind.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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