Economics · Economic Development
Which of the following parameters is traditionally and most commonly used to differentiate developed countries from developing countries?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Economic indicators such as industrialization and GNP per capita✓
- 2Historical background
- 3Geographic size
- 4Human Development Index (HDI)
Correct answer
Economic indicators such as industrialization and GNP per capita
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