Multiple choice

What makes developing nations economies highly vulnerable?

  1. Being dependent on exports of raw materials

  2. Weak political campaigns

  3. Being dependent on imports of raw materials

  4. TNC exploit laborers thus attributing poor economic activity

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Developing nations are often vulnerable because their economies rely heavily on the export of raw materials, which are subject to volatile global market prices. This lack of economic diversification makes them susceptible to external shocks.