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Q.

Countries with relatively high levels of economic growth and security are considered to be ____countries.


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Detailed Solution

Countries with relatively high levels of economic growth and security are considered to be developed countries.
  • Developed economies have a high level of per capita income or output.
  • The people of developed countries enjoy a higher quality standard of living.
  • The contribution of industrial and service sectors is very high in developed economies as compared to developing economies.
  • Available resources are fully exploited and utilised.
  • They have a high degree of technical development.
  • The growth rate of the population in developed countries is very slow.

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