what are developed economies?????
Answers
Answer:
A developed country, industrialized country, more developed country, or more economically developed country, is a sovereign state that has a developed economy and advanced technological infrastructure relative to other less industrialized nations.
Explanation:
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Development economics is a branch of economics which deals with economic aspects of the development process in low income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health, education and workplace conditions, whether through public or private channels.
Development economics involves the creation of theories and methods that aid in the determination of policies and practices and can be implemented at either the domestic or international level.This may involve restructuring market incentives or using mathematical methods such as intertemporal optimization for project analysis, or it may involve a mixture of quantitative and qualitative methods.