O-LevelEconomicsEconomic development2281/11 · Oct/Nov 2010 · Q361 Mark

What is most likely to indicate that an economy is developed rather than developing?

Ahigh birth rate and a low death rate

Blarge primary sector and a high population growth

Clarge service sector and capital intensive production

Dlow level of investment and a high rate of savings

✓ Correct answer

C: large service sector and capital intensive production

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Topic: Economic development, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2010 Paper 1 Variant 1, question 36.

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