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AssignmentLong Text

Economic Development

Question 1 of 4 • (OC27) Economics-2102310-Sem-Meadows

Read about the economy in Country A.Based on what you now know, what are at least three factors that demonstrate that Country A has a developing economy?

Answer

Answer:

Based on the characteristics of a developing economy, three factors that demonstrate Country A is developing include its low GDP per capita, the fact that a majority of the population works in agriculture (primary sector), and its low literacy rate. Additionally, a high birth rate or high infant mortality rate would also indicate a developing status.

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