What are the characteristics of India?
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Answer: The basic characteristics of India as a developing economy are:
Low per capita income.
Occupational pattern – primary producing.
Heavy population pressure.
Prevalence of chronic unemployment and under-employment.
Need for a steady improvement in the rate of capital formation.
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Answered by
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Answer:
1)Low per capita income.
2)Occupational pattern – primary producing.
3(Heavy population pressure.
4)Prevalence of chronic unemployment and under-employment.
5(Need for a steady improvement in the rate of capital formation.
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