Question

Which of the following characteristics are typically found in developing countries

Answer 1

Answer:

Low Per Capita Real Income. Low per capita real income is one of the most defining characteristics of developing economies. They suffer from low per capita real income level, which results in low savings and low investments.

Answer 2

Answer:

High Population Growth Rate. High Rates of Unemployment. Dependence on Primary Sector. Dependence on Exports of Primary Commodities.