ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC GROWTH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Use the information to answer the question.Cattle ranching is important for Brazil’s economy. However, large herds of cattle need lots of space to graze.Which of the following industries would MOST LIKELY suffer if cattle ranching expanded in Brazil?
A
agriculture
B
lumber
C
manufacturing
D
mining
Explanation: 

Detailed explanation-1: -Answer and Explanation: The following is not a factor in economic growth: Full employment.

Detailed explanation-2: -Countries with a high literacy rate usually have a high GDP per capita. Nations with low GDP frequently have lower literacy rates since the people in that country have less access to education, and children often have to work to help support the family.

Detailed explanation-3: -Education, training, and health are the most important investments in human capital.

Detailed explanation-4: -As Peter Voser explains in his opening message to this report, Energy: The Oxygen of the Economy, “Without heat, light and power you cannot build or run the factories and cities that provide goods, jobs and homes, nor enjoy the amenities that make life more comfortable and enjoyable.”

There is 1 question to complete.