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Question
Which of the following is classified as a developed nation?
Which of the following is classified as a developed nation?
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Solution
The correct option is D Singapore
Countries like the USA, Canada, Japan, Germany, England, Australia, and countries of Western Europe had a long-term rise in income before the 1950s. On the other hand, Singapore, Hong Kong, Malaysia, China, and many other countries experienced an increase in long-term incomes post the 1950s. All these countries are called developed countries.
Countries like the USA, Canada, Japan, Germany, England, Australia, and countries of Western Europe had a long-term rise in income before the 1950s. On the other hand, Singapore, Hong Kong, Malaysia, China, and many other countries experienced an increase in long-term incomes post the 1950s. All these countries are called developed countries.
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