Question

In 2011, Finland had a GDP of $195 billion and a per capita GDP of $36,000. Life expectancy was about 79 years. Which of these additional factors would most support the conclusion that Finland has a developed rather than an emerging economy?

Finland has a low population density.

Finland has a free-market economy.

Finland exports more than it imports.

Finland's unemployment rate is 9.6 percent.

Answer 1

Finland has a free-market economy.

Step-by-step explanation:

Finland is a market economy. A market economy is characterized by free private initiative and little intentionality. The government acts more as a regulator. A market economy is usually obsessed with developed nations, where economic indicators such as GDP and GDP per capita are considered good, such as Finland.

Answer 2

"Finland has a free-market economy" is the one additional factor among the choices given in the question that would most support the conclusion that Finland has a developed rather than an emerging economy. The correct option among all the options that are given in the question is the second option.