Countries like the United States that have a high standard of living are referred to as industrialized
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Countries like the United States that have a high standard of living are referred to as industrialized nations. Countries with a lower standard of living and quality of life are called developing countries (or sometimes underdeveloped or less-developed countries).
What factors often prevent developing nations from becoming industrialized nations?
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Understanding Business
ISBN: 9781260894851
13th Edition
Authors: William Nickels, Jim McHugh, Susan McHugh
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