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6 October, 09:24

What are some of the common characteristics of industrialized nations with advanced economies? Check all that apply.

high levels of foreign aid

educated citizens

access to health care

higher incomes

agricultural development

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Answers (2)
  1. 6 October, 11:36
    0
    The correct answers are educated citizens, access to health care an higher incomes.

    An advanced economy is a post-industrial economy (in contrast to agrarian developing countries) that has an advanced technological infrastructure, a relatively high GDP (gross domestic product, meaning everything a country produces) per capita and also fares strongly on the HDI (Human Development Index).

    The World Bank classified developed economies as "high-income economies" according to their GNI (Gross national income) per capita.

    The UN uses the HDI, claiming it takes into account how income is turned into education and health opportunities.
  2. 6 October, 13:02
    0
    Educated Citizens

    access to health care

    higher incomes

    agricultural development
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