What Is the Difference Between Developed Economies and Emerging Economies

question 76

Essay

What is the difference between developed economies and emerging economies? Give examples of countries that would be consider to have developed economies and those that have emerging economies.

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Definitions:

Columbus's Assessment

Refers to Christopher Columbus's evaluation and reports of the New World lands he encountered, his observations of their potential for colonization and exploitation.

Columbus's Explorations

The voyages led by Christopher Columbus across the Atlantic Ocean, aiming to find a western route to Asia but instead making first European contact with the Americas.

Convert Native Americans

Efforts, often by European settlers and their descendants, to assimilate Native Americans into European culture and religion.

Muslim Control

refers to regions or territories governed by Islamic law or under the political control of Muslim leaders.