Economy, asked by hemlalkumardas5353, 6 months ago

Discuss in details the common characteristic of developing cou

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Answered by Angelpriya80

2

Answer:

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

Explanation:

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