By the mid-nineteenth century,the world economy had divided into two major groups:

Question

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The division of the world economy into those who produced manufactured goods and those who supplied the necessary raw materials is the most accurate description of the major groups at this time. Industrialized nations produced manufactured goods, while less-developed economies supplied raw materials such as crops or minerals to be processed elsewhere. This division led to uneven economic development and dependence on the dominant industrialized nations.

By the Mid-Nineteenth Century,the World Economy Had Divided into Two