Which of the following statements about developing countries is true?
A) They are highly industrialized.
B) They have high-average per capita income.
C) They include the United States, Germany, and Japan.
D) They are classified as middle-income or low-income.
E) They have about 85% of the world's wealth and income.

Question

Quizplus · Accepted Answer

Developing countries are classified as middle-income or low-income, meaning they have lower average per capita income compared to developed countries. Option A is incorrect because industrialization is typically associated with developed countries. Option B is incorrect because developing countries have low-average per capita income. Option C is incorrect because the United States, Germany, and Japan are all developed countries. Option E is incorrect because developing countries have a smaller share of global wealth and income.

Which of the Following Statements About Developing Countries Is True