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

Bolivia has a higher percentage of workers employed in agriculture than the percentage of GDP produced by agriculture, while industry and services produce a relatively larger share of GDP compared with their shares of employment. The percentages differ because workers in industry and services generally produce more economic output per worker than agricultural workers.

Question 2

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 3

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 4

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 5

✔ poorestrichestfastest-growing

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%

Economic Growth Answers

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