Question

Write down two features of a developed economy ​

Answer 1

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•It is a continuous process.

•It is a continuous process.It follows a particular pattern like infancy, childhood, adolescence, maturity.

•It is a continuous process.It follows a particular pattern like infancy, childhood, adolescence, maturity.Most traits are correlated in development.

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Answer 2

Explanation:

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• Indian economy is termed as the developing economy of the world. Some features like low per capita income, higher population below poverty line, poor infrastructure, agriculture based economy and lower rate of capital formation, tagged it as a developing economy in the world.

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