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Stages of Economic Development Explained by Saso M. Kordy is a document available to read on EtoBox.
Germany is classified as a fully industrialized country by the UN based on its high level of industrialization. The economic level of a country is the single most important factor for foreign marketers to consider when adjusting their marketing strategies. Dynamic economies like those with rapidly changing consumption patterns differ from static economies. According to the UN, more developed countries (MDCs) like Germany, Canada, and the US are highly industrialized with high per capita incomes.
- Author
- Saso M. Kordy
- Language
- EN