________ markets are characterized by the rural population migrating to cities for better pay and thus,overloading cities' infrastructures.
A) Traditional
B) Emerging
C) Virtual
D) Developed

Question

Quizplus · Accepted Answer

Emerging markets are characterized by rapid economic growth and urbanization, with rural populations moving to cities in search of better opportunities. This can lead to strain on city infrastructure and services, as the cities struggle to keep up with the influx of people. Traditional markets refer to economies that rely on agriculture and local resources, while virtual markets refer to e-commerce platforms and online marketplaces. Developed markets refer to mature economies with established infrastructure and high levels of economic development.

________ Markets Are Characterized by the Rural Population Migrating to Cities