Countries that industrialized relatively recently are commonly found in the middle-income category range.

Name: Countries that industrialized relatively recently are commonly found in the middle-income category range.
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Question

Quizplus · Accepted Answer

This is true as industrialization tends to lead to economic growth and development, but it takes time for a country to reach the level of a high-income country. Therefore, countries that industrialized relatively recently are often in the middle-income category range.

Countries That Industrialized Relatively Recently Are Commonly Found in the Middle-Income