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They are countries with high or low income. High income countries (HICs) tend to be in the Northern hemisphere and low income countries (LICs) tend to be in the Southern Hemisphere. There are also middle income countries (MICs).
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Why is there a difference in waste production between low income countries and High income countries?
there is a difference in waste production between low income countries and high income countries because high income countries have more money to spend on raw materials therefore creating more waste.
) Do you think it is in the material interests of high-income countries to help lowincome countries improve their economic performance Why or why not?
It could be if the economic improvement of the low income country results in materials that the high income country needs.
Difference between low levels of living and low per capita incomes?
The people living in low income countries have, on average, a lower level of real per capita income. Low income leads to low investment in education and health as well as plant and equipment and infrastructure, which in turn leads to low productivity and economic stagnation.
What Field of economic deals with the problem faced by low income countries?
Economic development
What type of tax is one that takes a smaller percentage of income from high income people than from low income people?
Regressive.^_^=
Why is there a difference in waste production between low income countries and High income countries?
there is a difference in waste production between low income countries and high income countries because high income countries have more money to spend on raw materials therefore creating more waste.
What four groups the world bank divides the world into?
1. High income countries 2. Upper-middle income countries 3. Lower-middle income countries 4. Low-income countries
) Do you think it is in the material interests of high-income countries to help lowincome countries improve their economic performance Why or why not?
It could be if the economic improvement of the low income country results in materials that the high income country needs.
When was Low-Income Countries Under Stress created?
Low-Income Countries Under Stress was created in 1945.
Difference between low levels of living and low per capita incomes?
The people living in low income countries have, on average, a lower level of real per capita income. Low income leads to low investment in education and health as well as plant and equipment and infrastructure, which in turn leads to low productivity and economic stagnation.
Can you state 5 low income countries?
AfghanistanAlbaniaAlgeriaAngolaAntigua_and_BarbudaBarbados
How do low income countries prepare for an earthquake?
gay
Where in the world do the measles occur?
In most low-income countries.
What are the problems when comparing living standards in developing countries and living standards in developed countries?
Developed Countries- have a high per capita income, a lot a money and wealth, varied economy, high GDP, low infant mortality ratesLess Developed Countries/Developing Countries-have a poor government, low GDP, limited government, low levels of education, high infant mortality rates, very little money
Is Algeria a low or high income country?
Very high income. In Afghanistan being poor means you make 1 million dollars a week.
Is the best definition of a progressive tax system?
a tax system that takes a larger proportion of income from high-income people than from low-income people
How does the level of income affect if people vote or not?
Most high-income people vote; most low-income people do not.
