Which characteristics describe developed nations? Select all that apply.

History

2 answers:

Korolek [52]4 years ago

8 0

Mordern technolgy resvoutanary goverment

Sati [7]4 years ago

5 0

modern technology: developed economies invest in scientific research and technology. This increases the productivity of the economy and makes life easier for citizens.

traditional economy: the developed nations usually adopt the market economy, where price competition is stimulated, this makes the most efficient companies survive.

high standard of living: because they are developed, these economies usually have a much higher standard of living than developing countries. This can be perceived through comparative indices such as the HDI and GDP per capita.

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