Developing Countries (DVCs) Can Be Subdivided into the Following Groups

question 193

Multiple Choice

Developing countries (DVCs) can be subdivided into the following groups except

• A) low-income economies.
• B) high-income economies.
• C) lower-middle-income economies.
• D) upper-middle-income economies.

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Definitions:

Book Publisher

A company or individual responsible for the reproduction, marketing, and distribution of books.

Manufacturing Business

A type of business that produces goods through the process of raw materials conversion using labor, machinery, and equipment.

Dressmaking Company

A business that specializes in creating clothing according to specific designs and measurements, often providing custom tailoring services.

Manufacturing Business

An enterprise engaged in the industrial production of goods from raw materials through the use of labor, machinery, and equipment.