It doesn't
the aim of developing the country's semiconductor industry
Because they have very little infrastructure, industry, social services etc compared to developed country's such as the USA or Australia.
developing country
Specialization can be a detriment to a country's economy by making it overly reliant on a narrow range of industries or sectors, which increases vulnerability to market fluctuations and global competition. If a specialized industry faces a downturn, it can lead to significant job losses and economic instability. Additionally, excessive specialization may stifle innovation and diversification, limiting the country's ability to adapt to changing economic conditions. This can hinder long-term growth and resilience in the face of external shocks.
developing country
Dominican Republic is a developing country.
Namibia is classified as a developing country.
what's the answer
It is a developing country.
No its a developing Country
developing country
No, it's a developing country.