Question

briefly explain the features of underdeveloped countries​

Answer 1

However, there is a set of common characteristics of underdeveloped economies such as low per capita income, low levels of living, high rate of population growth, illiteracy, technical backwardness, capital deficiency, dependence on backward agriculture, high level of unemployment, unfavourable institutions and so on.

Answer 2

The features of underdeveloped countries are:-

1)Low per Capita Income: An underdeveloped country is a poor country.

2)Inequitable Distribution of Wealth and Income:Like most underdeveloped countries the distribution of income and wealth in India is inequitable.

3)Predominance of Agriculture:In an underdeveloped country two-thirds of the people live in rural areas and their main occupation is agriculture.

4)Deficiency of Capital:Another criterion of underdevelopment is the low ratio of capital availability per head of population. An underdeveloped economy is an economy in which the available stock of goods is not sufficient to employ the total available labour force on the basis of modern technique of production.

5)High Rate of Population Growth:Like all other underdeveloped countries, the population of India has been increasing at an alarmingly high rate.