Nations with high-income economies continue to dominate the world economy, despite capital flight (the movement of jobs and economic resources from one nation to another) and deindustrialization (closing plants and factories because of their obsolescence or the fact that workers in other nations are being hired to do the work more cheaply).

Question

Quizplus · Accepted Answer

This statement is true as of current economic trends. Despite challenges such as capital flight and deindustrialization, high-income economies still dominate the global economy.

Nations with High-Income Economies Continue to Dominate the World Economy