Question

A 21st-century country has a powerful economy based on designing advanced computer software. Though its economy was once based on producing cars, toys, and other manufactured goods, it has recently seen those industries relocate to countries with lower labor costs. The country has a very small population, but its citizens have easy access to health care and modern communication technology that allows them to access culture from around the world. To which of the following categories does this country likely belong?

A. Overdeveloped
B. Developing
C. Underdeveloped
D. Developed

Answer 1

The right answer is "D. Developed"

Developed countries are nations with high economic and social development. This classification uses criteria such as degree of wealth, level of industrialization and development, Gross Domestic Product (GDP), per capita income and Human Development Index (HDI). Economic development is also a preponderant criterion of classification.

In addition, developed countries dominate other countries economically and have stable economic development. They generate revenues through the industrial sector.

Answer 2

The correct answer for this question is this one: "D. Developed." The category that the country is likely belong is developed. The country was able to supply and support the needs of its constituents most especially with the health ones and modern technology. It shows that their economy is stable.