Question

A country whose economy can be described as "developing" is most
likely to engage in which kind of economic activity?

Answer 1

Answer:

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Explanation:

An emerging market economy is the economy of a developing nation that is becoming more engaged with global markets as it grows. Countries classified as emerging market economies are those with some, but not all, of the characteristics of a developed market.

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Answer 2

A country whose economy can be described as "developing" is most likely to engage in activities such as:

• A developing nation is a nation which is still passing and crossing the bridge of development. The economic activities which such nations engage in our growth-oriented that is the motive is to achieve economic growth.
• Such economies may engage a large amount of workforce in agriculture and other related activities like animal husbandry, poultry farming and fisheries. All of this help in creating a base for the economy. It also generates employment opportunities for uneducated people.
• In a developing nation, the workforce population is divided amongst all three sectors wherein the primary and tertiary sector activities consist more amount of more labour as it leads to the rapid increase of growth.
• This kind of nation may not engage much in secondary activities as it does not contribute much to the growth, though it is essential for growing activities, it is a gradual and slow process.

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