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Operating at an inefficient point, i.e. inside the PPF and not on the edge or line of the PPF

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What is united stated largest export?

Production machinery


What is the role of unemployment in economics?

In sociology, there is a micro and macro view of communities. Micro refers to the smallest unit of a society; macro refers to the largest, or "overall" society. Unemployment will always affect the micro first; it's where people live, shop, buy services. Unemployment restricts buying power and reduces economic growth of local businesses. The more widespread unemployment becomes, the more it begins to affect a State or region, and eventually the nation.


Africa leading producer of cotton?

China is the worlds largest producer of cotton. http://southeastfarmpress.com/cotton/cotton-production-0314/Top 10 Countries Cotton Production.2011, agricultural sector, agriculture, australia, bales, Brazil, central asia, china, Cotton, cotton farmlands, Cotton Production, cotton production in 2011, cotton production in bales, farmland, farmlands, Game, geographonic, Greece, in bales, in million bales, India, largest cotton.


Which is the number one cotton producing country?

The largest producers of cotton, currently (2009), are China and India, with annual production of about 34 million bales and 24 million bales, respectively; most of this production is consumed by their respective textile industries. The largest exporters of raw cotton are the United States.


Which is the largest diamond producing country?

The largest diamond production -- mining operation -- in the world is at the Argyle Diamond mine in the Kimberley region of western Australia, near Kununurra. Botswana and South Africa are also leading countries for the mining of raw diamonds.