Which of the following is a characteristic of a developed nation?
A. Low income
B.high poverty
C.service based economy
D.economy based manufacturing
service based economy is correct
To determine which of the following is a characteristic of a developed nation, we can analyze each option:
A. Low income: This is not typically a characteristic of a developed nation. Developed nations tend to have higher average incomes compared to developing nations.
B. High poverty: Similarly, high poverty is not a characteristic of a developed nation. Developed nations generally have lower poverty rates due to more advanced economies and social welfare systems.
C. Service-based economy: This is a characteristic of a developed nation. Developed nations often have economies that are dominated by the service sector, such as finance, technology, healthcare, education, and tourism.
D. Economy based on manufacturing: This is not a characteristic of a developed nation. While manufacturing is usually present in developed nations, it tends to be less dominant than the service sector. Developed nations have shifted towards more advanced industries, such as technology and research.
Based on the analysis, the correct answer is C. A service-based economy. To arrive at this answer, it helps to have an understanding of the different sectors in an economy and the typical characteristics of developed nations.
Which of the following is a characteristic of a developed nation?
A.
low income
B.
high poverty
C.
service-based economy***
D.
economy based on manufacturing