Nearly 30 percent of the world's population lived in urban areas in 1950; in 2010, more than half of the world's population was urban, and this proportion is projected to increase to 60 percent by the year 2030.
Answer the following statement true (T) or false (F)
True
The population and labor force worldwide have been shifting dramatically from rural to urban during the past century. As shown in Figure 14.2, nearly 30 percent of the world's population lived in urban areas in 1950. In 2010, more than half of the world's population was urban, and this proportion is projected to increase to 60 percent by the year 2030. Although the level of urbanization is higher in developed countries, the level of urbanization increased nearly six times faster in developing countries from 1975 to 2014 as the developing nations experienced rapid increases in population as well as increasing economic development.
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Wall-to-wall training refers to the idea that ______.
a. Everybody at a certain physical location is trained. b. Employees are trained to do each job at their physical location. c. Everybody throughout the organization receives training. d. Everyone in the organization is cross-trained for at least one other job function.
The Ethic of Care is
a. A set of rules that explain how to prioritize those people affected by a decision so that a utilitarian analysis can be done successfully. b. A set of universal principles, which applied evenly to all decisions will result in fairness and equity in ethical decisions. c. The idea that we should all make decisions under the assumption that we don't know our station in life, that we could be the person most negatively impacted by the decision. d. A set of principles that encourage decision makers to look at human relationships as a primary motivator for a decision.
Management resources that need control include machinery usage, labor volume, money spent, time used, warehouse space used, and material usage
Indicate whether the statement is true or false
At the breakeven point,
A. the money a company brings in from selling products equals the amount spent producing the products. B. the total fixed costs are exactly equal to the total variable costs. C. profits are exactly equal to the difference between revenue and total variable costs. D. the marginal revenue of a product is exactly equal to the marginal cost of producing one more unit. E. the marginal cost curve and the average cost curve will be identical for a particular product.