Economy, asked by sambhavjain99981, 11 months ago

Why india is a develoing country despite it has a lot of resources?

Answers

Answered by Amankumar2newton
1

Answer:

In this criteria it can be said that the population is the first reason on why India is still a country that is not developed. ... There is a quote said by Jawaharlal Nehru "India is rich but Indians are Poor". The reason is because the resources are not shared properly among the people.

MUMBAI: For decades, 'developed' and 'developing' have served as agreeable economic nomenclatures to classify countries based on their prosperity and standards of living. ... Till now, developing stood for low-and middle-income countries while high-incomecountries were called 'developed

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