some of the common characteristics of industrialized nations with advanced economies are:
High levels of per capita income, a diverse export base, and a financial sector that is integrated into the global financial system are typically used to define advanced countries.
The subgroup of significantly advanced economies known as the Group of Seven is made up of the seven greatest advanced economies, as determined by GDP, which are Canada, France, Germany, Italy, japan, the united kingdom, and the united states (G7). As a subset, the participants in the euro area are also distinguished.
A developed country, often known as an industrialized country, has a sophisticated economy that is typically gauged by average income per person and/or gross domestic product (GDP). Developed nations have diverse industrial and service sectors as well as cutting-edge technology infrastructure.
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What are some of the common characteristics of industrialized nations with advanced economies? Check all that apply.
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