Countries are typically grouped into one of three development ...

[lidoalex]

Countries are typically grouped into one of three development categories. Name and describe the categories, giving an example of a country that fits into each category.

Question 2

In the simple linear regression equation, the slope of the line is denoted by:
 a. alpha.
 b. delta.
 c. beta.
 d. gamma.

[dellikani2015]

Answer to Question 1

The first category includes developed countries, which have a high per-capita income, high standard of living, and a strong, diversified economy. The United States is an example of a developed country. The second category is newly industrialized countries, which have high levels of industrialization but do not have the high personal incomes or infrastructure of developed countries. Turkey is an example of a newly industrialized country. Finally, countries with low personal incomes, low levels of industrialization, and poor infrastructures are called developing countries. Mali is an example of a developing country.

Answer to Question 2

c