High-income nations

Question

High-income nations

Quizplus · Accepted Answer

High-income nations are characterized by their strong economies, advanced infrastructure, and highly skilled workforce. As a result, they tend to have thriving financial markets, which attract investment from both domestic and foreign investors. These markets allow businesses to access capital and finance their expansion, which contributes to the overall prosperity of the nation.

Option A is incorrect because while there are some high-income nations in the southern hemisphere, most are located in the northern hemisphere. Option B is incorrect because while high-income nations may have foreign-owned factories and call-centers, they are also likely to have many domestic companies and industries. Option D is incorrect because high-income nations tend to have highly developed economies and service industries, rather than depending on pastoral activities like farming and ranching.

High-Income Nations