Asked by Football news With Scott and Lucas on Jul 17, 2024
Verified
In recent years,NICs have had _____ growth rates and LDCs have had _____ growth rates.
A) high;high
B) low;low
C) high;low
D) low;high
NICs
Newly Industrialized Countries; nations that are experiencing rapid economic growth and industrialization, often with significant technological advancement.
LDCs
Stands for Least Developed Countries, which are countries that the United Nations has identified as showing the lowest indicators of socioeconomic development.
- Understand the patterns in population trends and their effect on the economic growth across various regions.
- Investigate the elements influencing a country's living standards during economic growth.
Verified Answer
SJ
Stacy JonesJul 20, 2024
Final Answer :
C
Explanation :
NICs (Newly Industrialized Countries) have been experiencing high economic growth rates due to their rapid industrialization and urbanization. On the other hand, LDCs (Least Developed Countries) have been struggling with low economic growth rates due to numerous developmental challenges such as inadequate infrastructure, low levels of human capital, and political instability. Therefore, option C is the correct answer.
Learning Objectives
- Understand the patterns in population trends and their effect on the economic growth across various regions.
- Investigate the elements influencing a country's living standards during economic growth.
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