Question

Select the correct statements.

• A. The economy of a country can be measured by the income of each citizen.
  
  
• B. If each citizen makes a good income, then the economy can be considered as a healthy economy.
  
• C. The contribution to our country's economy comes from the rural population only.
  
• D. A cottage industry refers to a system of production where goods and services are produced at home.
  

Answer 1

Answer: (A), (B), (D)

The correct options are
A The economy of a country can be measured by the income of each citizen.


B If each citizen makes a good income, then the economy can be considered as a healthy economy.

D A cottage industry refers to a system of production where goods and services are produced at home.


A country's economy is dependent on all of its citizen. The contribution to our country's economy comes from the rural population, as well as the urban population.

A cottage industry refers to a system of production where goods and services are produced at home, and in small amounts; thus they are also referred to as small scale industry.