Question

(2) What are the characteristics of the Indian economy?
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Answer 1

Characteristic Features of Developing Economies

• Vicious Circle of Poverty.
• Nature and Characteristics of Indian Economy.
• High Level of Population Growth.
• Perceived (Low) Per Capita Real Income.
• Prevalence of Unemployment, Underemployment and Disguised Unemployment.

Answer 2

Answer:

Characteristic Features of Developing Economies-

• Vicious Circle of Poverty.
• Nature and Characteristics of Indian Economy.
• High Level of Population Growth.
• Perceived (Low) Per Capita Real Income.
• Prevalence of Unemployment Underemployment and Disguised Unemployment.

Explanation:

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