Countries like the United States that industrialized nations. Countries with called developing countries (or somet What factors often prevent developing What

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter1: Exploring The World Of Business And Economics
Section: Chapter Questions
Problem 6DQ
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of why not?
Countries like the United States that have a high standard of living are referred to as
industrialized nations. Countries with a lower standard of living and quality of life are
called developing countries (or sometimes underdeveloped or less-developed countries).
What factors often prevent developing nations from becoming industrialized nations?
What can business
Transcribed Image Text:of why not? Countries like the United States that have a high standard of living are referred to as industrialized nations. Countries with a lower standard of living and quality of life are called developing countries (or sometimes underdeveloped or less-developed countries). What factors often prevent developing nations from becoming industrialized nations? What can business
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