Economy, asked by dhavansaibaba, 1 month ago

what are the features of developing economy? explain 9 features of developing economy in detail

Answers

Answered by anushkabhosale11

1

Explanation:

India, as a developing country, features a mixed economy in the world. The major characteristics of developing economy are low per capita income, overpopulation, maximum population below the poverty line, poor infrastructure, agro-based economy and a lower rate of capital formation.

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