Asked by Nakaila Lovett on Jun 30, 2024
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Wages are high in poor countries because businesses are run efficiently.
Industrial Market Economies
These are economies characterized by significant industrial activity, where goods are produced using advanced technological means.
Sub-Saharan African
Referring to the geographical area of the African continent that lies south of the Sahara Desert, characterized by diverse cultures, languages, and economies with varying levels of development.
Poor Countries
Poor countries are those with low levels of economic productivity, insufficient incomes, and a general standard of living considered below acceptable norms.
- Comprehend the economic and social indicators reflecting stages of development among countries.
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Learning Objectives
- Comprehend the economic and social indicators reflecting stages of development among countries.
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