General Education Development (GED) 2025 – 400 Free Practice Questions to Pass the Exam

Image Description

Question: 1 / 400

Which of the following countries would be considered an emerging market?

Japan

India

India is classified as an emerging market because it shows significant growth potential and has a rapidly expanding economy compared to more developed nations. Emerging markets typically have a lower gross domestic product (GDP) per capita than developed countries, yet they are experiencing substantial industrialization, urbanization, and increased participation in the global economy.

In contrast, Japan, Britain, and Canada are established economies with well-developed infrastructure, stable institutions, and higher GDP per capita. These countries are considered developed markets, as they have already transitioned from developing stages to more mature economic systems. India, on the other hand, continues to evolve and presents opportunities for investment and economic development, making it a quintessential example of an emerging market.

Get further explanation with Examzify DeepDiveBeta

Britain

Canada

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy