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The United Nations' Classification of Stages of Economic Development Has

Question 44

Multiple Choice

The United Nations' classification of stages of economic development has been criticized primarily because


A) many countries that are classified as LDCs are industrializing at a very rapid rate, while others are advancing at more traditional rates of economic development.
B) countries classified as LLDCs are growing at a very rapid rate.
C) it no longer takes into account social overhead capital as an indicator of economic development.
D) it only focuses on the literacy level in a country.
E) countries that are classified as LDCs are industrializing at a slow rate.

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