Economy, asked by wwwlavanyau1502, 11 months ago

the backward countries called as developing countries .why​

Answers

Answered by deepalighorpade1
3

Explanation:

because the back ward countries are now in progress that's why they are known as developing countries

Answered by UsmanSant
0

The backward countries are called as developing countries because :

● Developing nations incorporate, in diminishing request of financial development or size of the capital market:

● Recently industrialized nations, developing markets, wilderness markets, Least Developed Countries.

● In this manner, the least evolved nations are the most unfortunate of the creating nations.

● For example, Brazil, Russia, India, China, and South Africa (BRICS) are commonly viewed as creating nations.

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