Some of the reasons that developing or emerging companies have failed to reach the status of a developed or advanced economy include:

Question

Quizplus · Accepted Answer

High rates of corruption, failure to diversify their economies, and failure to restructure economies to be more open are all factors that can contribute to a developing or emerging economy's failure to reach the status of a developed or advanced economy. Each of these factors can create roadblocks to economic growth and innovation, ultimately hindering progress and preventing the country from advancing to the next stage of development. Therefore, the best answer is option D.

Some of the Reasons That Developing or Emerging Companies Have