Multiple Choice QuestionLess developed countries are characterized by ______.Multiple choice question.consumers that are more likely to purchase nonessential productseconomies that are more advanced than those of industrialized countriesa low per-capita incomea higher per-capita income
Question
Multiple Choice QuestionLess developed countries are characterized by ______.Multiple choice question.consumers that are more likely to purchase nonessential productseconomies that are more advanced than those of industrialized countriesa low per-capita incomea higher per-capita income
Solution
The correct answer is "a low per-capita income". Less developed countries, also known as developing countries, are generally characterized by low economic performance, low per-capita income, and often high poverty rates. They typically have less advanced economies compared to industrialized countries, and their consumers are less likely to purchase nonessential products due to limited disposable income.
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