Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Emerging economic productivity
B
Stagnant economic productivity
C
Declining economic productivity
D
Developing economic productivity
Understanding the Answer
Let's break down why this is correct
Answer
High-income countries are known for their advanced economic productivity, meaning they produce a lot of goods and services efficiently and have strong economies. In contrast, lower-middle-income countries generally have a lower level of productivity, often characterized by less advanced technology and fewer resources. These countries might rely more on agriculture or simple manufacturing rather than high-tech industries. For example, a country like Bangladesh, which is considered a lower-middle-income country, often has lower productivity levels compared to wealthier nations, as it focuses on textile production rather than advanced electronics. Thus, while high-income countries lead in productivity, lower-middle-income countries typically have much room to grow and improve their economic output.
Detailed Explanation
Lower-middle-income countries are often still growing and improving their economies. Other options are incorrect because Some might think emerging means the same as developing; Stagnant means not growing at all.
Key Concepts
Economic Productivity Classification
Income Levels of Countries
Global Economic Disparities
Topic
Economic Productivity Classification
Difficulty
medium level question
Cognitive Level
understand
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