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Question

Indonesia, Iran and India are examples of _____.

A
Developed Economy
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B
Developing Economy
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C
Under-developed Economy
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D
None of the above
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Solution

The correct option is D Developing Economy

Developing economy is also called as under developed economy. It is a country or a nation with an underdeveloped industrial base, and a low Human Development Index (HDI) relative to other countries. Indonesia, Iran and India are examples of Developing Economy.


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