Which of the following is a way developing nations are trying to raise living standards?

A. Attract investment
B. Raise population growth
C. Increase tariffs
D. Return to traditional ways of farming

Question

16-07-2024
Social Studies

Answered

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Which of the following is a way developing nations are trying to raise living standards?

A. Attract investment
B. Raise population growth
C. Increase tariffs
D. Return to traditional ways of farming

Sagot :

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-07-16T18:50:30-04:00

Final answer:

Developing nations are raising living standards by attracting investment, increasing human capital, and connecting to global markets.

Explanation:

Attracting investment is one of the methods developing nations are using to raise living standards. By encouraging foreign investment, countries can improve infrastructure, create job opportunities, and stimulate economic growth.

Increasing human capital and connecting to global markets are also strategies employed by middle-income countries to enhance living standards. By focusing on education and skills development while integrating into the global economy, these nations aim to boost their overall prosperity.

Learn more about Standard of living in developing nations here:

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