Most emerging market countries have attained the mass consumption stage of economic development.

Question

Quizplus · Accepted Answer

Most emerging market countries are still in the early stages of economic development and have not yet reached the mass consumption stage. While some countries may have a growing middle class with increased purchasing power, many still struggle with poverty, underdeveloped infrastructure, and limited access to education and healthcare.

Most Emerging Market Countries Have Attained the Mass Consumption Stage