Economy, asked by ViragSheth3885, 1 year ago

what are the two basic criteria used for comparing an under developed country with developed ones?

Answers

Answered by batradivjyot25
2
Dear.. here is your answer,☺

✴The basic criteria used for comparing and developed countries with development once is :
⭐ The gross domestic product means GDP...
and
⭐The per capita income of people...

Hope it helps you out ⭐^_^⭐
Thanks,⭐(^^)⭐
Answered by riku65
2

Answer:

The average or per capita income is the main criterion for comparing a developed country with an underdeveloped one. Countries with per capita income of Rs 4,53,000 per annum and above in 2004 are called high-income countries, and countries with per capita income of Rs 37,000 or less are called low-income countries.

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