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
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
Solution
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.