classify the role of developing countries in development activities
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Low- and middle-income economies are usually referred to as developing economies, and the Upper Middle Income and the High Income are referred to as Developed Countries.
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Low income: $1,025 or less.
Lower middle income: $1,026 to $4,035.
Upper middle income: $4,036 to $12,475.
High income: $12,476 or more
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