Developing Countries Are Called Developing Because They Have

question 34

Multiple Choice

Developing countries are called developing because they have:

• A) fewer languages than developed countries.
• B) smaller populations than developed countries.
• C) larger populations than developed countries.
• D) lower incomes than developed countries.

---

Definitions:

Creditor's Point of View

The perspective of an individual or institution that has lent money or provided goods or services to a debtor, focusing on the recovery of their credits.

Obligations

Legal or financial duties or commitments that an entity is required to fulfill, such as paying debts or performing certain actions.

Profitability

The ability of a company to generate earnings as compared to its expenses and other relevant costs.