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Which of the Following Statements Is True of Industrial Economies

Question 57

Multiple Choice

Which of the following statements is true of industrial economies?


A) They export their goods to other types of economies for raw materials.
B) They have a declining middle class population.
C) They depend on agriculture as the primary revenue generator.
D) They do not trade goods amongst themselves.
E) They consume most of their output and barter the rest for simple goods and services.

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