Can anyone explain the characteristics of developed economies?
73 Views|Posted 2016-03-13 15:54:40
Asked by Ajay Kumar
1 Answer
Answered by
2016-03-16 12:55:53
Developed economies have stable growth rate, employment rate and inflation rate. they have the following features, dominance of industrial sector, large scale production, supermacy of capital, Average income per capita of the population is generally high, Education level of high average population,
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