Question

The United Nations' classification of stages of economic development has been criticized primarily because

A) many countries that are classified as LDCs are industrializing at a very rapid rate, while others are advancing at more traditional rates of economic development.

B) countries classified as LLDCs are growing at a very rapid rate.

C) it no longer takes into account social overhead capital as an indicator of economic development.

D) it only focuses on the literacy level in a country.

E) countries that are classified as LDCs are industrializing at a slow rate.

Answer

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