True or False: The term developing country (DVC) is applied to rich nations like the United States and Germany because their economies are always growing quickly by developing new technologies.

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12-07-2022
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True or False: The term developing country (DVC) is applied to rich nations like the United States and Germany because their economies are always growing quickly by developing new technologies.

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ahmadfardeen571 ahmadfardeen571 · Answer 1 · 2022-07-20T12:09:12+02:00

The term developing country (DVC) is applied to rich nations like the United States and Germany because their economies are always growing quickly by developing new technologies.

The given statement is false.

The term "developing" refers to a cutting-edge situation and now not a changing dynamic or expected path of improvement.

Because of the late 1990s, countries identified by means of the UN as developing countries tended to illustrate better-increased quotes than the ones in the developed countries class.

In keeping with the UN, a developing us of a is a country with an incredibly low trend of dwellings, an undeveloped commercial base, and a mild to low Human Development Index (HDI).

Learn more about Human Development Index here: https://brainly.com/question/1129210

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