Which of the Following Are Characteristic of a Developing Country

question 70

Multiple Choice

Which of the following are characteristic of a developing country?

• A) extensive embrace of free trade policies
• B) low inflation
• C) high national savings
• D) a current account deficit and low national savings
• E) strong credit institutions

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Definitions:

AFL-affiliated Unions

Unions that are members of the American Federation of Labor (AFL), a national federation of labor unions in the United States.

Women

Adult human females, often highlighted in discussions about gender equality, workforce participation, and rights.

Unskilled Workers

Individuals who perform jobs that require little to no specialized skill or training.

Hay Market Rally

An event that took place in 1886 in Chicago, marked by a peaceful rally in support of workers striking for an eight-hour day, which turned violent after a bomb was thrown, leading to several deaths of policemen and civilians.