Which of the following describes a developing nation? A. A market economy with a high per capita income B. A market economy with a trillion-dollar gross domestic product C. A mixed economy with a very high Human Development Index D. A traditional economy with a low Human Development Index

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Destiney Cohen

13 May, 22:58

Which of the following describes a developing nation? A. A market economy with a high per capita income B. A market economy with a trillion-dollar gross domestic product C. A mixed economy with a very high Human Development Index D. A traditional economy with a low Human Development Index

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Phoenix Hale · Answer 1

I think the correct answer among the choices listed above is option D. A traditional economy with a low Human Development Index describes a developing nation. The Human Development Index is used to measure the economic development of an area.