Economy, asked by jansiraja1287, 5 months ago

consumer
Classify the economies based on status of
development​

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Answered by IND21
4

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Answered by ItzMissKomal
2

Answer:

  • Every economy is classified as low income, middle income (subdivided into lower middle and upper middle), or high income. Other analytical groups, based on geographic regions and levels of external debt, are also used. Low-income and middle-income economies are sometimes referred to as developing economies.
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