Economy, asked by binu09347, 3 days ago

why USA is a developed country​

Answers

Answered by sheetalsneha74
1

Answer:

Explanation:

A developed country (or industrialized country, high-income country, more economically developed country (MEDC), advanced country) is a sovereign state that has a high quality of life, developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living.

So, The United States of America is a developed country because the nation's economy is fueled by abundant natural resources, a well-developed infrastructure, and high productivity. It has the seventh-highest total-estimated value of natural resources and this has the Highest gross income of employees.

Answered by ImpressAgreeable4985
0

Answer:

fueled by abundant natural resources

Explanation:

The nation's economy is fueled by abundant natural resources, a well-developed infrastructure, and high productivity. It has the seventh-highest total-estimated value of natural resources, valued at Int$45 trillion in 2015. Americans have the highest average household and employee income among OECD member states.

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