write any three features of developing country like india?
Answers
The following points highlight the top eleven features of a developing economy. Some of the features are: 1. National Income 2. Composition of National Income 3. Capital Formation 4. Agricultural Development 5. Industrial Development 6. Changes in Industrial Organization 7. Expansion of Infrastructural Facilities and Others.
Characteristics of developing economies. -a general sense of malaise and hopelessness. -a low gdp (gross domestic product) Many people in developing nations fight a constant battle against malnutrition, disease and ill health.
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Common Characteristics of Developing Economies:-
1. Low per capita real income.
2. High population growth rate/size.
3. High rates of unemployment.
4. Dependence on primary sector.
5. Dependence on exports of primary commodities.