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

Braeden Warren

Advanced Placement (AP)

1 July, 06:49

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?

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Answers (2)

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Sophia Vasquez · Answer 1

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.

Kash · Answer 2

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.