The country of Bananaland has an abundant supply of banana trees and therefore must be a modern industrial economy.

Question

Quizplus · Accepted Answer

The abundance of banana trees does not necessarily determine the level of industrialization in an economy. A country can have a high level of agricultural production and still be a developing or underdeveloped economy. Industrialization involves the adoption of advanced manufacturing technologies, the development of a diversified economy, and the growth of various other economic sectors, such as services and technology.

The Country of Bananaland Has an Abundant Supply of Banana