Economy, asked by karabomogoere25, 19 days ago

Discuss in detail characteristics of Developing countries

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Answered by malkmee
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A developing country is a sovereign state with a less developed industrial base and a low Human Development Index (HDI) relative to other countries.[3] However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category.[4][5] The term low and middle-income country (LMIC) is often used interchangeably but refers only to the economy of the countries.

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