Economy, asked by kwandandlovu6, 5 months ago

discuss in detail the common characteristics of developing countries

Answers

Answered by Priyaangel22

1

Explanation:

Low per capita real income is one of the most defining characteristics of developing economies. They suffer from low per capita real income level, which results in low savings and low investments. ... The percentage of people in absolute poverty (the minimum income level) is high in developing countries

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