Question

explain the main features of developing economy (four points)​

Answer 1

Answer:

(1) low per capita real income

(2) high population growth rate

(3) high rates of unemployment

(4) dependence of primary sector

Explanation:

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Answer 2

Answer:

Indian economy is termed as the developing economy of the world. Some features like low per capita income, higher population below poverty line, poor infrastructure, agriculture based economy and lower rate of capital formation, tagged it as a developing economy in the world

Explanation:

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