There might be connection between the amount of energy used by a country and its economic development. Interpret this. Concept Introduction: Energy plays an vital role in human lives and in the activities of the economy, both on a scale of social as well as economical development and it is human need. That is the reason, energy consumption per capita of a country is an important measurement of economic development of a country. To find out the relation between country and its economic development, Countries are divided into two categories: Energy import dependency of the countries is again divided into 2 groups: Greater than 50% dependency Less than 50% dependency Income level of the countries group is again divided into 4 groups: 1) Low-income economies 2) Lower-middle-income economies 3) Upper-middle-income economies 4) High-income economies.
There might be connection between the amount of energy used by a country and its economic development. Interpret this. Concept Introduction: Energy plays an vital role in human lives and in the activities of the economy, both on a scale of social as well as economical development and it is human need. That is the reason, energy consumption per capita of a country is an important measurement of economic development of a country. To find out the relation between country and its economic development, Countries are divided into two categories: Energy import dependency of the countries is again divided into 2 groups: Greater than 50% dependency Less than 50% dependency Income level of the countries group is again divided into 4 groups: 1) Low-income economies 2) Lower-middle-income economies 3) Upper-middle-income economies 4) High-income economies.
Solution Summary: The author explains that energy consumption plays an important role in human lives and in the activities of the economy.
There might be connection between the amount of energy used by a country and its economic development. Interpret this.
Concept Introduction:
Energy plays an vital role in human lives and in the activities of the economy, both on a scale of social as well as economical development and it is human need. That is the reason, energy consumption per capita of a country is an important measurement of economic development of a country.
To find out the relation between country and its economic development, Countries are divided into two categories:
Energy import dependency of the countries is again divided into 2 groups:
Greater than 50% dependency
Less than 50% dependency
Income level of the countries group is again divided into 4 groups: