What are the features of economically backward countries? What are the reasons for this backwardness?
Answers
- Low per Capita Income. An underdeveloped country is a poor country.
- Inequitable Distribution of Wealth and Income.
- Predominance of Agriculture.
- Deficiency of Capital.
- High Rate of Population Growth.
- Unemployment and Underemployment.
Answer:
These are some of the features of economically backward countries. They are:
• The country's per capita income is very low compared to the developing economies.
• Population will be so high which also leads to the non - availability of resources for the inhabitants.
• Unemployment prevails more due to less resources and people are more like to end up with underemployment.
• The country's wealth is low which eventually leads to the decrease in their capital.
• Answer:
These are some of the features of economically backward countries. They are:
• The country's per capita income is very low compared to the developing economies.
• Population will be so high which also leads to the non - availability of resources for the inhabitants.
• Unemployment prevails more due to less resources and people are more like to end up with underemployment.
• The country's wealth is low which eventually leads to the decrease in their capital.
• Inequitable distribution of wealth and income
• Predominance of agriculture
• Illiteracy prevails
• Having no technical advancement
• Low level of living
• High birth and death rates.
• Poor health services.