0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
If a country's per capita gross national income rose from 7500 to 8100 this year?
this country has remained a middle income nation
What is average income of a country?
The average income of a country depends with the country in question. The average income of the first world countries greatly varies when compared with those of the developing countries.
What is Market Consumption Capacity?
Market Consumption Capacity is basically the income of the middle class. (The percentage share of the middle class in consumption/income)
What was the upper middle class average annual income in the eighties England?
The upper middle class average annual income in the eighties in England was 40,000 annually
How you classified per capita income?
per capita income is the income of every working individual of a country per capita income is the income of every working individual of a country
What are the factors to be fulfilled by Bangladesh to be middle income country?
There are factors that need to be fulfilled by Bangladesh to be middle income country. One of the biggest problems to be tackled is inequality on terms of income and wealth distribution.
What does MIC mean in geography?
MIC stands for "Middle-Income Country" in geography. This term is used to categorize countries based on their level of economic development, with middle-income countries falling between low-income and high-income countries. These countries typically have moderate levels of economic development and income levels.
If a country's per capita gross national income rose from 7500 to 8100 this year?
this country has remained a middle income nation
Is Brazil a ledc or medc?
Brazil is considered a middle-income country, so it would fall into the category of a middle-income developing country (MIDC) rather than a less economically developed country (LEDC) or more economically developed country (MEDC).
Why is Sri Lanka LEDC?
Sri Lanka is not an LEDC. It is a middle income country.
What does MIC mean geography?
One important meaning is "Middle Income Country"
A country in which average income is typical for the world as a whole and in which people are as likely to live in rural area as in an urban area fit into which category?
This country would be categorized as a middle-income country with a balanced distribution of population between rural and urban areas.
The country in Equatorial Africa with significant oil supplies and an upper middle income economy is?
Gabon
The country in Equatorial Africa with significant oil supplies and an upper-middle income economy is?
Gabon
Is Lithuania a poor or rich country?
Lithuania is a moderately rich country, in the upper middle income category, similar to Portugal, Italy, Poland, Argentina and Korea as an example.
The country in equatorial Africa with significant oil supplies and an upper middle income economy?
Centeral Africa
Is Philippines a rich country in Asia?
The Philippines is considered a developing country in Asia with a lower-middle-income economy. It is not considered a wealthy country compared to some of its neighboring nations in Asia.
