Differentiate between developed and underdeveloped countries on the basis ofimpact of the shocks and stimulants.

Question

Differentiate between developed and underdeveloped countries on the basis ofimpact of the shocks and stimulants.
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Solution 1

Developed and underdeveloped countries respond differently to shocks and stimulants due to their varying levels of economic stability, infrastructure, and resilience. Here's a step-by-step differentiation:

  1. Economic Stability: Developed countries have a stable economy, which means they can absorb Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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