High-income nations
A)are more densely populated than middle- and low-income nations.
B)make use of factories,big machinery,and advanced technology.
C)contain half of the world's financial markets.
D)are culturally homogenous.

Question

Quizplus · Accepted Answer

High-income nations generally have advanced economies that rely on factories, big machinery, and advanced technology to drive growth and prosperity. These nations have the resources to invest heavily in research and development to stay ahead of the curve in terms of technological innovation, making them highly competitive in the global marketplace. A and C are incorrect because population density and financial market share are not defining characteristics of high-income nations, while D is incorrect because high-income nations are generally culturally diverse.

High-Income Nations