Which of the following is true? i. The advanced economies account for more than half of global production.
Ii) Almost four out of every five people in the world live in the developing economies.
Iii) In the advanced economies, agriculture accounts for a larger part of total production than in the developing economies.

Question

Quizplus · Accepted Answer

i) The statement is true according to data on global GDP by country and region.

ii) This statement is also true. According to the World Bank, approximately 80% of the world's population lives in developing economies.

iii) This statement is false. Agriculture accounts for a smaller part of total production in advanced economies compared to developing economies.

Which of the Following Is True? I