ECONOMICS
ECONOMIC GROWTH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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East
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West
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Either A or B
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None of the above
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Detailed explanation-1: -Brussels (Brussels Morning Newspaper) – Eastern Europe is less developed than western Europe. Several factors make the countries in eastern Europe poor as compared to the countries situated in Western Europe. There were countries in eastern Europe that were backward.
Detailed explanation-2: -There is more VC activity in Western Europe. Countries in Western Europe generally have more developed economies and a higher level of income per capita. As a result, there is more money available to entrepreneurs with a strong idea and business plan.
Detailed explanation-3: -Western Europe is arguably the more popular side of the continent, home to traditional destinations like France and Spain. While Western Europe tends to be more expensive than its eastern counterpart, there’s plenty you can do to save money and enjoy everything this diverse, historic area has to offer!
Detailed explanation-4: -Sweden. #1 in Quality of Life. #5 in Best Countries Overall. Denmark. #2 in Quality of Life. #10 in Best Countries Overall. Canada. #3 in Quality of Life. Switzerland. #4 in Quality of Life. Norway. #5 in Quality of Life. Finland. #6 in Quality of Life. Germany. #7 in Quality of Life. Netherlands. #8 in Quality of Life. More items