WAEC - Economics (2019 - No. 30)
A country is described as industrialized if
the contributions of industries to national income are high
traditional and modern sectors coexist
the country adopts an import promotion strategy
primary industries dominate the economy
Explanation
An industrialized country is a developed country with a highly mature and sophisticated economy, that has advanced technological infrastructure and have diverse industrial and service sectors. It is usually measured by gross domestic product (GDP) and/or average income per resident.
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