Question

we can divide counties into three groups on the basis of economic
Write true or false​

Answer 1

They are classified as under:

1. (i) Developed Countries: These are the countries which have a high rate of GDP.
2. (ii) Developing Countries: These are the countries which have a developing rate of GDP.
3. (iii) Underdeveloped Countries: These countries have a low rate of GDP.

Answer 2

Answer:

False

Explanation:

We can divide counties into two groups on the basis of economic

1) Private Economy

2) Mixed Economy