Question

Write any four causes of having low per capita income of Nepal.

Answer 1

Answer:

Following are the economic causes of low per capita income:

Vicious Circle of Poverty. Vicious circle of poverty is the largest reason of low per capita income. ...

Unemployment. ...

Lack of Foreign Investment. ...

Low National Income. ...

Use of Backward Technology. ...

Increase in Utility Charges. ...

Poverty. ...

Answer 2

Step by Step Explanation of Answer ✿

Low Rates of Saving and Capital Accumulation 2. Shortage of Skilled and Educated Workers 3. Lagging Technological Know-How 4. High Population Growth and Unemployment .

Because of the economic downturn with high levels of unemployment at home and abroad triggered by Covid-19, Nepal is likely to return to the status of low-income country this year, they said. ... In each country, factors such as economic growth, inflation, exchange rates, and population growth influence GNI per capital .

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