The passage discusses economics of information in developed countries. It notes that developed countries are often defined based on criteria like income per capita and level of industrialization. The passage also discusses some key characteristics of information goods, including that information can be shared simultaneously among multiple consumers and is difficult to return. It explains how the economics of information differs from other forms of economics due to these unique properties of information. Finally, it provides the example of how information managers must make economic decisions by choosing how to allocate fixed budgets among competing alternatives.