Question 8From the WDI website, now look at the graph for “Industry, value added (% of GDP)”. Which income group of countries has economies that are highly dependent on industry? Tip: Add the three income groups to the "Country / Region / Income level" section.1 pointMiddle incomeHigh incomeLow income
Question
Question 8From the WDI website, now look at the graph for “Industry, value added (% of GDP)”. Which income group of countries has economies that are highly dependent on industry? Tip: Add the three income groups to the "Country / Region / Income level" section.1 pointMiddle incomeHigh incomeLow income
Solution
To answer this question, you would need to follow these steps:
- Go to the World Development Indicators (WDI) website.
- Look for the graph for “Industry, value added (% of GDP)”.
- Add the three income groups (Middle income, High income, Low income) to the "Country / Region / Income level" section.
- Compare the data for each income group.
- The income group with the highest percentage of GDP from industry is the one that is most dependent on industry.
Without the actual data from the WDI website, I cannot definitively answer which income group is most dependent on industry.
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