What are the common features of under developed countries?
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Answered by
25
The underdeveloped or the developing countries, as these are popularly known, inspite of their diverse structure, have some common characteristics. Todaro classifies these common characteristics into six broad categories:
Indian economy possesses all the characteristics common to underdeveloped or developing countries.
1. Low levels of living
2. Low levels of productivity
3. High rates of population growth and dependency burden
4. High and rising level of unemployment and underemployment
5. Significant dependence on agricultural production and primary products exports
6. Dominance, dependence and vulnerability in international relations
Indian economy possesses all the characteristics common to underdeveloped or developing countries.
1. Low levels of living
2. Low levels of productivity
3. High rates of population growth and dependency burden
4. High and rising level of unemployment and underemployment
5. Significant dependence on agricultural production and primary products exports
6. Dominance, dependence and vulnerability in international relations
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3
their economic development is low
they have less human resource
they have scarcity of talent due to lack of literacy
they have less human resource
they have scarcity of talent due to lack of literacy
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