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The table compares the GDP and HDI rankings of countries. What does the table indicate about the development of Barbados

The table compares the GDP and HDI rankings of countries. What does the table indicate-example-1
User Sherril
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2 Answers

4 votes

Answer:

It's A!

not economically developed but has a relatively high standard of living.

Step-by-step explanation:

User Dinesh Shingadiya
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4 votes

Answer:

The table indicates that Barbados is not economically developed but has a relatively high standard of living.

Step-by-step explanation:

Although the traditional Barbadian economy was based on the production of sugar, its main export material, with the explosion of tourism there was a reorientation of activity. Now it maintains a system very dependent on the United States and Europe, which are the places of origin of the majority of tourists, which weakens its economy in the periods of containment in the countries of origin. Despite this, Barbados is the third country in the American hemisphere in terms of Human Development Index. At present, it has partially diversified its economy with some light industry. It is also the seat of important companies, especially financial ones, given the high level of protection of the banking secrecy that it offers and the low taxes they support.

User Hadi Ranjbar
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