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Question
The economies of India and Brazil are of the ______ type.
Options
Undeveloped
Developed
Developing
Highly developed
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Solution
The economies of India and Brazil are of the developing type.
Explanation:
These countries are progressing in the field of technological advancement, education and industry. For being a developed country, per capita income, living standard, income inequality has to be comparable with the top-performing economies in the world.
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