Answered step by step
Verified Expert Solution
Question
1 Approved Answer
2 Among the reasons for Malaysia's continued economic growth are rises in consumer spending and the country's ability to adapt to changes in global demand.
2 Among the reasons for Malaysia's continued economic growth are rises in consumer spending and the country's ability to adapt to changes in global demand. For example, when the price of natural rubber fell, most rubber plantations changed to palm oil production. The government has tried to promote the growth of different sectors, including the primary sector. (a) State two sectors, other than the primary sector, in an economy. [2] (b) Explain two possible reasons for a fall in the price of a product such as natural rubber. [4] (c) Analyse the inuences on spending. [6] (d) Discuss whether or not the growth of the primary sector is beneficial to a country. [8]
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started