Core nations are also known as __________.Question 2Select one:a.High-income nationsb.Newly industrialized nationsc.Low-income nationsd.Developing nations

The correct answer is: a. High-income nations.

Explanation:

Core nations are typically characterized by their high levels of industrialization, strong economic capabilities, and advanced technological infrastructure. These nations often play a dominant role in international trade and have a significant influence on global economic policies. High-income nations usually include countries in North America, Western Europe, and parts of East Asia, where there is a substantial wealth disparity compared to peripheral or developing nations.

In contrast, newly industrialized nations, low-income nations, and developing nations refer to countries at different stages of economic development. Newly industrialized nations are experiencing rapid growth but do not have the same wealth as core nations. Low-income and developing nations often struggle with poverty and lack economic stability, which further differentiates them from core nations.

Thus, when referring to core nations, the designation "high-income nations" accurately reflects their economic status and global influence.