The United Nations' classification of stages of economic development has been mainly criticized because:
A) it no longer seems relevant in the rapidly industrializing world.
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.
Correct Answer:
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