Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN: 9780078747663
Author: McGraw-Hill
Publisher: Glencoe/McGraw-Hill School Pub Co
Question
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Chapter 19, Problem 3AA
To determine

To identify: The correct term in the given blank.

Expert Solution & Answer
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Answer to Problem 3AA

The United States provides aid to some developing countries in regular intervals.

Explanation of Solution

The developing countries are the way to less industrialized, thus they lack proper resources, less capital in the economy, and therefore this results in the downfall of gross domestic product. As under this the economy consistently falls, thus so as the developed countries focus and relays on upgraded technology, improved infrastructure, but the developing countries still relays on agriculture as their main factor.

Under the developing countries, the investor mainly invests under this environment because the developing countries emerge and grow fast and this benefits the investor as they face less risks and gains more returns.

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