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What is a developed economy? - Economic Applications

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Questions

What is a developed economy?

What is meant by a developed economy?

Very Short Answer
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Solution

The economy of a country where per capita income and standard of living are high is termed as developed economy.

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Chapter 4: Types of Economies - QUESTIONS [Page 71]

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J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 4 Types of Economies
QUESTIONS | Q 8. (i) | Page 71
J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 4 Types of Economies
QUESTIONS | Q 8. (i) | Page 58
J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 4 Types of Economies
QUESTION BANK | Q 10. | Page 59
J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 4 Types of Economies
QUESTION BANK | Q 10. | Page 72
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