Question

A nation that manufactures everything from automobiles to furniture to toys is an example of a

A) Single- resource economy
B) trade bloc
C) diversified economy

Answer 1

The nation that manufactures everything from automobiles to furniture to toys is an example of a diversified economy.

What is a diversified economy?

This refers to an economy that is based on many kinds of industries that operate concurrently.

Hence, the nation that manufactures everything from automobiles to furniture to toys is an example of a diversified economy.

Therefore, the Option C is correct.

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