Which of the following is likely to be a characteristic of a developing economy?
A)A high rate of illiteracy
B)A low rate of growth of population
C)A high rate of economic growth
D)The export of manufactured goods
E)The efficient use of labor

Question

Quizplus · Accepted Answer

Developing economies often have high rates of illiteracy due to lack of access to education and resources.

Answer: C 
 Developing economies typically have high rates of economic growth as they are trying to catch up with more developed nations.

Answer: D 
 Developed economies tend to export manufactured goods as they have a mature manufacturing sector with advanced technology and infrastructure.

Answer: E 
 Developed economies typically efficiently use their labor force due to advanced technology and infrastructure allowing for greater productivity.

Which of the Following Is Likely to Be a Characteristic