GENERAL KNOWLEDGE

GK

WORLD GEOGRAPHY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following are high income countries?
A
The USA, Canada and the UK
B
Australia, New Zealand and South Korea
C
Peru, Bolivia and Argentina
D
None of the above
Explanation: 

Detailed explanation-1: -Many countries, such as the United States, have consistently ranked as high income since the 1980s, but others have moved in or out. For instance, the 2023 group sees the addition of Panama and Romania, but the loss of Palau, which was reclassified as an upper-middle-income country.

Detailed explanation-2: -Its quality of life is generally considered high, and the economy is quite diversified. The sectors that contribute most to the U.K.’s GDP are services, manufacturing, construction, and tourism. 4 It has unique laws like the free asset ratio.

Detailed explanation-3: -Disposable Income Per Capita Defined. United States. Luxembourg. Switzerland. Germany. Australia. Norway. Austria. More items

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