which of the following characteristics are most likely found in developing countries?
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Explanation:
Characteristics of Developing Economies
•Low Per Capita Real Income.
•High Population Growth Rate.
•High Rates of Unemployment.
•Dependence on Primary Sector.
•Dependence on Exports of Primary Commodities.
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- There are various characteristics found in developing countries namely Low per capita income, High population and high rate of Unemployment.
- The amount of money or remuneration received by an individual in a developing country is low and thus the standard of living is also low.
- The population growth rate is really high in such countries. India being a developing economy ranks at number 2 in the list of highest population.
- Unemployment is the major cause that these countries are not developing at a fast rate.
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