Political Science, asked by Rajen123, 8 months ago

salient features of Third world countries​

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Answered by SharenPaul
1

The third world consists of underdeveloped countries of Asia, Africa and Latin America. Both defihitions have a few things in common. In both classifications the attributes of the third world are one and the same. ... The Third World Countries are economically poor and they have a colonial past.

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Answered by itzcupycake
3

Major features of developing countries

  1. multistructural nature of the economy with various forms of ownership, including archaic (tribal, communal);
  2. specialization in the international division of labor mainly in the production of raw materials;
  3. significant dependence on foreign capital;

the influence of traditional institutions in the economy;

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