Which of These Sets of Nations Consists of High-Income Economies

question 265

Multiple Choice

Which of these sets of nations consists of high-income economies?

• A) Brazil, Thailand, and South Africa
• B) China, India, and Russia
• C) Canada, Switzerland, and France
• D) United States, South Korea, and Mexico

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Definitions:

Colonialism

A practice or system in which a country asserts control over a foreign territory, exploiting it economically and often imposing its own cultural and political structures.

Globalization

Globalization is the process by which businesses, cultures, and societies become more interconnected and interdependent through international trade, communication, and technology.

Desperate Poverty

A severe level of poverty where individuals or families lack basic needs for survival, including food, shelter, and healthcare.

Elderly

Relating to individuals who are in the later stages of life, often defined as being of retirement age or older, usually considered to be 65 years or older.