4.2 Economic Growth

Question 1

Go to this link to find out more about Bolivia’s economy to answer the question. Use the information and the graphs to write two sentences about how Bolivia’s labor force by occupation compares to its GDP by sector.Why might the percentages differ?

Revolt · Accepted Answer

In Bolivia, a large percentage of the labor force is employed in agriculture, but this sector accounts for a relatively small portion of the country's total GDP. These percentages differ because the industrial sector—specifically mining and natural gas—generates high revenue with fewer workers, while much of the agricultural labor is focused on lower-value subsistence farming.

Question 2

How is Country M planning on encouraging economic growth?

Revolt · Accepted Answer

by investing in education to reduce unemployment and increase production

Question 3

Scroll through the figures presented within the link, and look for the information presented within these statements.Then, use what you have found to complete each sentence.According to the website, Bolivia is one of the [___] nations in Latin America. Bolivia's GDP per capita in 2012 was [___].The unemployment rate in Bolivia during 2012 was [___].

Revolt · Accepted Answer

$5,000

Question 4

What did you include in your response? Check any that apply.

Revolt · Accepted Answer

a comparison of an occupation in the labor force to GDP

Question 5

Scroll through the figures presented within the link, and look for the information presented within these statements.Then, use what you have found to complete each sentence.According to the website, Bolivia is one of the [___] nations in Latin America. Bolivia's GDP per capita in 2012 was [___].The unemployment rate in Bolivia during 2012 was [___].

Revolt · Accepted Answer

5.5%

Question 6

Scroll through the figures presented within the link, and look for the information presented within these statements.Then, use what you have found to complete each sentence.According to the website, Bolivia is one of the [___] nations in Latin America. Bolivia's GDP per capita in 2012 was [___].The unemployment rate in Bolivia during 2012 was [___].

Revolt · Accepted Answer

poorest; Scroll through the figures presented within the link, and look for the information presented within these statements.Then, use what you have found to complete each sentence.According to the website, B: poorest; Scroll through the figures presented within the link, and look for the information presented within these statements.Then, use what you have found to complete each sentence.According to the website, B: $5,000; Scroll through the figures presented within the link, and look for the information presented within these statements.Then, use what you have found to complete each sentence.According to the website, B: 5.5%

4.2 Economic Growth Answers

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