Read about the economy in Country A. Based on what you now know, what are at least three factors that demonstrate that Country A has a developing economy?

Question

Advanced Placement (AP)

Julius Haas

11 April, 18:55

Read about the economy in Country A. Based on what you now know, what are at least three factors that demonstrate that Country A has a developing economy?

+1

Answers (2)

Know the Answer?

Holden · Answer 1

Sample response: Country A has a GDP per capita of $7,000, which seems very low. Its economy is based on two industries: agriculture and copper mining. It does not have diverse industries, and it has a very small service sector. In addition, the standard of living is low. Based on all these factors, it seems clear that Country A has a developing economy.

Ollie · Answer 2

Country A has a low GDP per capita of $7,000 and its economy is based on two industries: agriculture and copper mining. These are two basic industries, this indicates that the Country A has a very small service sector. Also, the standard of living is low, so we can assume based on the factors of industry, GDP, and standard of living that Country A is a devloping country.