Economics · Economic Growth and Concepts
The term 'Middle-Income Trap' refers to a situation where a developing nation ____________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Rapidly achieves a high-income status
- 2Relies excessively on foreign developmental aid
- 3Focuses exclusively on the agricultural sector
- 4Struggles to transition into a high-income status✓
Correct answer
Struggles to transition into a high-income status
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Economic Growth and Concepts MCQs →Want more practice questions on Economic Growth and Concepts?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economic Growth and Concepts