Question

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?

Answer 1

Answer:

The answer is "GDP and GDP per capita are also the increased concentrations of economic growth".

Explanation:

In the developed country, growth and security are high. These are evaluated on a per meter and per person gross national savings, which would represent the whole value of all finished products and services generated for a specific time within a certain nation.

In developing countries, low infant mortality, long average lifespan, improved levels of use, great work as well as the exportation of goods are additional characteristics.

In this situation, you can see that GDP is fairly high and it gives us information that must be acknowledged as just a nation to its advanced economy.