Which of the following is a difference between developed markets and emerging markets?
A) Developed markets have economic policies of open trade and free markets, whereas emerging markets have economic policies that restrict open trade and free markets.
B) Developed markets have an intermediate income level among citizens, whereas emerging markets have a low income level among citizens.
C) Developed markets experience average economic growth of around 2 percent/year, whereas emerging markets experience economic growth of at least 4 percent/year.
D) Developed markets have high levels of economic activity, whereas emerging markets have low levels of economic activity.

Question

Quizplus · Accepted Answer

Developed markets typically experience lower economic growth rates compared to emerging markets due to their already high levels of economic development and maturity. Emerging markets, on the other hand, often have higher growth rates as they are in the process of rapid industrialization and development.

Which of the Following Is a Difference Between Developed Markets