Economy, asked by KrithickG4183, 2 months ago

What are the important characteristics of underdeveloped countries? Explain in
detail.

Answers

Answered by annprasanthl02
0

The common characteristics of underdeveloped economies such as low per capita income, low levels of living, high rate of population growth, illiteracy, technical backwardness, capital deficiency, dependence on backward agriculture, high level of unemployment, unfavourable institutions and so on.

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