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Advanced Placement (AP)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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  1. 1 July, 06:54
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    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.
  2. 1 July, 06:59
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    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.
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