According to the Textbook,high-Income Countries Are Generally Those Countries That

question 3

Multiple Choice

According to the textbook,high-income countries are generally those countries that

• A) were colonized by other nations.
• B) skipped the feudal stage of development.
• C) were the first to industrialize.
• D) are largely based on socialist economic policies.

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Definitions:

Class Inequality

The disparities in access to resources, opportunities, and rights among different social classes.

Population Growth

Population growth is the increase in the number of individuals in a population, often measured by the rate at which the number of individuals increases in a specific time period relative to the initial population size.

South Korea

a country in East Asia, located on the southern part of the Korean Peninsula, known for its advanced technology and vibrant culture.

Malthusian Trap

A theory suggesting that population growth tends to outpace agricultural production, leading to periodic famine, poverty, and population decline.