1. We can classify countries by their development level as developed, developing and not developed countries....

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Question

1. We can classify countries by their development level as developed, developing and not developed countries....

1. We can classify countries by their development level as developed, developing and not developed countries.

True or False

business economics

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Answer 1

Answer #1

False

This statement is true up to where it is telling that the economies can be characterized on the basis of development level as developed and developing

But it is not true to say in economy that it is not developed

the proper what is underdeveloped economy

So many South African countries are underdeveloped economy like Chad, Niger etc

Developing country example can be Indonesia, India, Sri Lanka etc

Developed nations example can be United States, United Kingdom, Singapore

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Answer 2

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In most developed countries, property rights are effectively protected by the government, but in developing countries,...

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Suppose that an offer curve diagram has developed countries exports on one axis and developing countries'...

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1. We can classify countries by their development level as developed, developing and not developed countries....

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