Questions: Features of Developing Countries Low per capita income Low gross domestic product ? A. Limited access to luxury goods B. Large population C. Use of the gold standard D. High standard of living

Features of Developing Countries Low per capita income Low gross domestic product ? A. Limited access to luxury goods B. Large population C. Use of the gold standard D. High standard of living
Transcript text: Features of Developing Countries Low per capita income Low gross domestic product ? A. Limited access to luxury goods B. Large population C. Use of the gold standard D. High standard of living
failed

Solution

failed
failed

The answer is B. Large population

Explanation
Option A: Limited access to luxury goods

While limited access to luxury goods can be a characteristic of developing countries, it is not a defining feature that completes the diagram in the context of economic indicators like per capita income and gross domestic product.

Option B: Large population

Developing countries often have large populations, which can impact their economic indicators such as per capita income and gross domestic product. This is a significant feature that aligns well with the other points in the diagram.

Option C: Use of the gold standard

The use of the gold standard is not a relevant feature for distinguishing developing countries. It is more related to monetary policy and historical economic practices rather than current economic status.

Option D: High standard of living

A high standard of living is typically associated with developed countries, not developing ones. Therefore, it does not fit as a feature of developing countries.

Was this solution helpful?
failed
Unhelpful
failed
Helpful