mention any 3 character sticks of development
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1. Low per capita real income
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. It means the average person doesn’t earn enough money to invest or save money. They spend whatever they make. Thus, it creates a cycle of poverty that most of the population struggles to escape. The percentage of people in absolute poverty (the minimum income level) is high in developing countries.
2. High population growth rate/size
Another common characteristic of developing countries is that they either have high population growth rates or large populations. Often, this is because of lack of family planning options, lack of sex education and the belief that more children could result in a higher labor force for the family to earn income. This increase in recent decades could be because of higher birth rates and reduced death rates through improved health care.
3. High rates of unemployment
In rural areas, unemployment suffers from large seasonal variations. However, unemployment is a more complex problem requiring policies beyond traditional fixes.
1. Low per capita real income
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. It means the average person doesn’t earn enough money to invest or save money. They spend whatever they make. Thus, it creates a cycle of poverty that most of the population struggles to escape. The percentage of people in absolute poverty (the minimum income level) is high in developing countries.
2. High population growth rate/size
Another common characteristic of developing countries is that they either have high population growth rates or large populations. Often, this is because of lack of family planning options, lack of sex education and the belief that more children could result in a higher labor force for the family to earn income. This increase in recent decades could be because of higher birth rates and reduced death rates through improved health care.
3. High rates of unemployment
In rural areas, unemployment suffers from large seasonal variations. However, unemployment is a more complex problem requiring policies beyond traditional fixes.
amitkumar502:
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☆ Here is your answer ☆
☆ Different people have different development goals.
☆ What may be development for one may not be development for the other. It may be destructive for other.
☆ Income is the most important component for the development but along with income,people also seek equal treatment,good health,literacy,peace,etc.
☆ For development people look at mixed goal
☆ Hope that this helps you ☆
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