Question

In 2009, the author Pawel Bozyk described Brazil as a newly industrialized country. While its economy has not yet reached that of highly developed countries, Brazil has moved itself into being a significant member of the international economy.

What economic model does Brazil fit into, regarding its development path?
A.
Gross Domestic Product Improvement
B.
Genuine Progress Indicator
C.
Rostow’s Modernization Model
D.
Wallerstein’s World Systems Theory

Answer 1

The economic model Brazil fit into regarding its development path would be Gross Domestic Product Improvement. GDP of Brazil will measure three sides of its economy and that would be their expenditure, output, and income. The answer to your question is letter A.

Answer 2

The actual correct answer for this question would be

C. Rostow’s Modernization Model (i took the test)

even though this is like 2 years late lol but they're still using this in tests so.......