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Compared to the United States, a developing country is likely to have: A. a lower gross domestic product. B. a lower rate of inflation. c. a higher standard of living. D. a higher per capita income.

Ask by Mccoy Rose. in the United States
Nov 22,2024

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A developing country is likely to have a lower gross domestic product.

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A developing country is likely to have a lower gross domestic product (GDP) compared to the United States, reflecting its overall economic activity. This lower GDP often correlates with less industrialization, limited infrastructure, and a higher reliance on agriculture, impacting the country’s overall economic health and development. In terms of economic indicators, developing countries frequently experience higher levels of poverty, which translates into a lower standard of living for its citizens. This can result in less access to basic needs like healthcare, education, and clean water, showcasing significant disparities when compared to the U.S.

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