WBCS.LIVE practice question

Which of the following is a feature of a developed economy?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. High levels of industrialization and high GDP per capita
  2. High reliance on agriculture
  3. High levels of subsistence farming
  4. Limited infrastructure development

Correct answer and explanation

Correct answer: High levels of industrialization and high GDP per capita