Saved Bookmarks
| 1. |
Consider the following conditions a, b, and c and answer the questions that follow:(a) There are two countries ‘A’ and ‘B’. ‘A’ produces 500 tonnes of wheat by employing 200 labourers. ‘B’ produces 1,000 tonnes of wheat by employing 300 labourers.(b) Country ‘C’ produces 300 kg of tea and ‘D’ produces 500 kg of coffee. ‘C’ does not produce coffee and ‘D’ does not produce tea. (c) Country ‘E’ has expertise in water engineering and agriculture. Country ‘F’ has expertise in metro-making.Considering that trade occurs between two countries in condition (c), what does it tell you about the human resources of the countries? |
|
Answer» Country E has developed technology in water engineering and agriculture. While F has developed technology in construction of the metro. This shows that both countries are technologically advanced and hence their human resources are very rich. |
|