Final answer:
Developing nations benefit from participating in world commerce, which can lead to economic growth and job creation, and from using communications technologies, which facilitates knowledge access and innovative advancement. These factors contribute to the improvement of standards of living and bolster the capacity for steady economic development.
Step-by-step explanation:
Two positive aspects of people in developing nations involve their integration into the global economy and the advancement of their standard of living. By participating in world commerce, developing nations can enhance their economic growth through increased access to international markets and opportunities for trade, which can lead to the creation of jobs and improved societal welfare. Additionally, the use of communications technologies to access knowledge sources globally allows for the transfer of innovation and the building of human capital, thereby accelerating development and the potential for economic progress.
Countries at different income levels pursue growth in various ways, with middle-income countries, for instance, focusing on leveraging human capital and integrating with global technology and markets, often with state support. On the other hand, low-income countries face challenges such as the lack of infrastructure and foreign aid but show promise in areas like mobile communication, which could pave the way for significant technological advancements tailored to their specific conditions.
Technological diffusion, inclusive of innovations such as mobile banking, has also proved beneficial by enabling financial development and enhancing market access for even the most rural and low-tech segments of these economies. This progress underpins the assertion that technological advances can play a vital role in improving the standards of living and in supporting countries to establish market-friendly institutions conducive to sustained economic growth.