Question

The World Economic Forum creates International Competitive Rankings that are ranked on their Pillars of Competitiveness. How many Pillars of Competitiveness does the World Economic Forum have?

1) Three
2) Five
3) Ten
4) Twelve

Answer 1

The World Economic Forum has twelve Pillars of Competitiveness that it uses to create its International Competitive Rankings.

Step-by-step explanation:

The World Economic Forum has twelve Pillars of Competitiveness that it uses to create its International Competitive Rankings. These pillars represent the various factors that contribute to a country's competitiveness, including institutions, infrastructure, macroeconomic stability, health and primary education, higher education and training, goods market efficiency, labor market efficiency, financial market development, technological readiness, market size, business sophistication, and innovation. Each of these pillars is taken into account when assessing a country's overall competitiveness.