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Question
State two reasons for the development of mutual cooperation between developed and developing countries.
Answer in Brief
Solution
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Economic Assistance: Developed countries give developing countries financial and economic assistance to help them construct infrastructure, alleviate poverty, and promote industrial growth. This collaboration promotes sustainable economic development in poor countries.
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Trade and Resource Sharing: industrialized countries rely on developing nations for raw materials and resources, while developing countries benefit from industrialized nations' technology and industrial products. This mutual interchange builds economic linkages and promotes global interdependence.
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