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dezoksy [38]
3 years ago
13

Which characteristics describe developed nations? Select all that apply.

History
2 answers:
Korolek [52]3 years ago
8 0
Mordern technolgy resvoutanary goverment
Sati [7]3 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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