Economy, asked by sadhnasingh525, 1 year ago

what do you mean by underdeveloped economy give example also
tell fast ​

Answers

Answered by puneetgoyal12
6

Answer:

An underdeveloped economy is one in which the per-capita income and the standard of living of the people are low. According to the World Development Report 2011, economies having $995 or less are considered to be underdeveloped economies.

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