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Ann [662]
1 year ago
8

Country b has a gdp of $1 trillion and a gdp per capita of $27,000. its economy is a mix of manufacturing, high tech, services,

aviation, agriculture, and mining. it has laws favorable to entrepreneurship and private sector growth. it has multinational corporations that have recently begun outsourcing jobs overseas, resulting in a rise in unemployment. look for factors that will help you determine what type of economy exists in country b. which type of economy does country b have? developed developing transitioning communist
Business
1 answer:
liberstina [14]1 year ago
3 0

Based on the descriptions of the economy, the type of economy that country b has is a developed economy.

<h3>What is a developed economy?</h3>

A developed economy is an economy characterised by high GDP, high rate of GDP per capita, high level of technological advancement and favorable laws that encourages the development of businesses.

Examples of developed economies are United States, Switzerland.

To learn more about developed economies, please check: brainly.com/question/19496739

#SPJ4

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