Which of the Following Is Not a Common Characteristic of a Developing

question 125

Multiple Choice

Which of the following is not a common characteristic of a developing country?

• A) Extensive direct government control of the economy
• B) History of low inflation
• C) Many weak credit institutions
• D) "Pegged" exchange rates
• E) Agricultural commodities make up a large share of its exports.

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Definitions:

Eugene Lang

A philanthropist and entrepreneur known for his promise to an entire sixth-grade class in Harlem that he would finance their college education if they graduated high school.

Carnegie Corporation

A philanthropic fund established in 1911 by Andrew Carnegie to support education and research across a range of fields.

Middle Schools

Educational institutions designed for students typically in the early stages of adolescence, usually grades 6 through 8 in the United States.

Carnegie Council

An organization dedicated to advancing the cause of ethics in international affairs.