The common characteristics of industrialized nations with advanced economies include:
- Educated citizens: These nations typically have high levels of education and a well-trained workforce.
- Access to health care: Advanced economies often provide their citizens with access to comprehensive health care services.
- Higher incomes: Industrialized nations usually have higher average incomes compared to developing countries.
The following characteristics do not generally apply to industrialized nations:
- Receives high levels of foreign aid: Industrialized nations are often net contributors to foreign aid rather than recipients.
- Agricultural development: While these nations may have advanced agricultural sectors, they do not rely on agriculture to the same extent as developing nations. Their economies are more diversified into industrial and services sectors.
So, the applicable characteristics are:
- Educated citizens
- Access to health care
- Higher incomes