Economy, asked by nibha6816, 1 year ago

write the characteristics of development

Answers

Answered by rajannajana2002
2

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.

Answered by sam3255
0

Common Characteristics of Developing Economies

Low per capita real income. Low per capita real income is one of the most defining characteristics of developing economies. ...

High population growth rate/size. ...

High rates of unemployment. ...

Dependence on primary sector. ...

Dependence on exports of primary commodities.

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