What characterizes developing economies

Asked by maham237 @ 06/01/2021 in Social Studies viewed by 233 People

What characterizes developing economies? Check all that apply.
A.a growing industrial economy
B.a low level of reliance on natural resources
C.a drop in the standard of living
D.a focus on agricultural activity
E. a shrinking middle class

Answered by maham237 @ 06/01/2021

The developing countries are those countries whose industrialization happened late.

A developing economy is characterized by the high consumption of natural resources for the development of its industrial matrix. Each developing country has a productive structure, some, like Brazil, also has a focus on agricultural activity.

Usually, there is an improvement in social indicators in developing countries, such as an increase in income and in the index of human development.

Therefore, the alternatives (A) and (D) are correct.

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Asked by maham237 @ 10/01/2021 in Social Studies viewed by 1003 persons

What characterizes developing economies

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