Question 43 • (OC27) Economics-2102310-Sem-Meadows
Answer:
Developed countries generally have a higher GDP per capita than developing countries. Their economies tend to be dominated by the tertiary (service) sector and advanced manufacturing, while developing countries often rely more on primary-sector activities such as agriculture and resource extraction. Most people in developed countries tend to have a higher standard of living, with better access to services and goods, while people in developing countries are more likely to have lower incomes and less access to healthcare, education, and other resources.