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Which of the Following Statements Is True of Industrial Economies

Question 38

Multiple Choice

Which of the following statements is true of industrial economies?


A) Industrial economies export their goods to other types of economies for raw materials.
B) Industrial economies create a new rich class and small but growing middle class.
C) The vast majority of people in industrial economies engage in simple agriculture.
D) Industrial economies are rich in one or more resources but poor in other ways.
E) Industrial economies consume most of their output and barter the rest for simple goods and services.

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