Social Sciences, asked by mahendraprasadpadhi, 1 year ago

Mention any three characteristics of economic development.

Answers

Answered by riya2280
5

Common Characteristics of Developing Economies

Low per capita real income. Low per capita real income is one of the most defining characteristics of developing economies. ...

High population growth rate/size. ...

High rates of unemployment. ...

Dependence on primary sector. ...

Dependence on exports of primary commodities.


BellaSnowflake: No offense, but I think the question is about economic development and not developing economies.
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