Which of the Following Describes a Highly Developed Country

question 51

Multiple Choice

Which of the following describes a highly developed country?

• A)Countries with low rates of population growth and high per person incomes.
• B)Countries with complex industrialized bases such as Mexico and Thailand.
• C)Countries with low levels of industrialization, very high rates of population growth, very high infant mortality rates, and very low per person incomes.
• D)Countries with abundant unskilled labor but with limited capital for investment.

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Definitions:

Intestate Succession

The legal process by which property is distributed by law to the heirs of an individual who dies without a valid will.

Joint Tenancy

A form of property ownership where two or more individuals hold equal shares and rights in the property, with a right of survivorship.

Memorandum

A written document or note that helps in remembering or conveying information, intentions, or understanding between parties.

Constructive Trust

An equitable remedy that treats a person as if they were a trustee, usually because they have wrongfully obtained or held legal right to property they should not benefit from.