EBK ECONOMICS FOR TODAY
9th Edition
ISBN: 8220101414250
Author: Tucker
Publisher: Cengage Learning US
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Question
Chapter 30, Problem 1SQP
To determine
Differentiate industrially advanced countries (IAC) and less developed countries (LDC).
Expert Solution & Answer
Explanation of Solution
Industrially advanced countries (IAC) have high income or high per capita
Less developed countries (LDC): The countries which are not included in IACs are categorized as less developed countries. The less developed countries are low income nations that are produced without advanced technology of capital and educated labors. Economy based on agriculture, poverty, and so on is the main features of LDCs. Countries like Nigeria, Angola, Congo, Sudan, Zimbabwe, and so on are some examples of less developed countries (LDCs).
Economics Concept Introduction
Industrially Advanced Countries (IACs): IACs are the industrialized countries which will be advanced socially, technologically, and in infrastructural sectors compared to the developing countries.
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Chapter 30 Solutions
EBK ECONOMICS FOR TODAY
Ch. 30.2 - Prob. 1GECh. 30 - Prob. 1SQPCh. 30 - Prob. 2SQPCh. 30 - Prob. 3SQPCh. 30 - Prob. 4SQPCh. 30 - Prob. 5SQPCh. 30 - Prob. 6SQPCh. 30 - Prob. 7SQPCh. 30 - Prob. 8SQPCh. 30 - Prob. 9SQP
Ch. 30 - Prob. 10SQPCh. 30 - Prob. 11SQPCh. 30 - Prob. 12SQPCh. 30 - Prob. 1SQCh. 30 - Prob. 2SQCh. 30 - Prob. 3SQCh. 30 - Prob. 4SQCh. 30 - Prob. 5SQCh. 30 - Prob. 6SQCh. 30 - Prob. 7SQCh. 30 - Prob. 8SQCh. 30 - Prob. 9SQCh. 30 - Prob. 10SQCh. 30 - Prob. 11SQCh. 30 - Prob. 12SQCh. 30 - Prob. 13SQCh. 30 - Prob. 14SQCh. 30 - Prob. 15SQCh. 30 - Prob. 16SQCh. 30 - Prob. 17SQCh. 30 - Prob. 18SQCh. 30 - Prob. 19SQCh. 30 - Prob. 20SQ
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