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loris [4]
3 years ago
6

Why does a large industrial sector not always indicate that a nation is fully developed?. . A.Development depends on rate of ind

ustrialization. . B.The standard of living may not have risen with industrial growth. . C. Environmental standards may differ from industrial standards. . D.Focus on industry may slow technological advancement
Business
2 answers:
Leviafan [203]3 years ago
7 0

A large industrial sector doesn’t always indicate that a nation is fully developed because the standard of living may not have risen with industrial growth. An example of this is North Korea. It has a large industrial sector but also a low standard of living, so it’s not considered developed. The correct answer between all the choices given is the second choice or letter B. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

BaLLatris [955]3 years ago
4 0

Answer:

The answer is: B)The standard of living may not have risen with industrial growth.

Explanation:

A large industrial sector is only one of many different variables generally applied to determine if a country is fully developed or not. The most commonly used variables are:

  • gross domestic product (GDP),
  • the per capita income,
  • level of industrialization,
  • amount of widespread infrastructure,
  • general standard of living.

The easiest way to analyze this is by using China as an example. China in a very short term will be the country with the highest GDP in the world (it currently is number 2 after the US). It is very industrialized. Has continually invested in enormous infrastructure projects.

But it still lags in GDP per capita, it is not very high, only $8,826.99 in 2017, while the US GDP per capita in 2017 was $59,531.66

Other element in which they are not doing so well, even though they have improved A LOT, is the general standard of living. China still needs to improve even more in this part and that takes time.

So even as China will probably become the world's largest economy, they aren't considered fully developed yet.

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