What are features of underdeveloped country?

Answer 1

Some characteristics of a less developed country include low saving rates, unskilled labor force, poorly developed institutions, rapid population growth, inadequate technology & capital, varying dependence on international trade and dual economy.

Answer 2

Underdeveloped (or in economics terms less-developed) country is simply one where the resources of the area are not used to their full potential due to the lack of another resource. Typically you would cite the African wealth of minerals and lack of technology and machinery.

Characteristics of Underdeveloped Economy are given below:

1. Low per capita income.
2. Low standard of living.
3. Existence of widespread poverty.
4. Large inequalities.
5. Predominance of agriculture as a source of employment.
6. Higher contribution of agriculture in National Income.
7. High rate of population growth.
8. Existence of large unemployment.
9. Low rate of saving and capital formation.
10. Inadequate infrastructural facilities.
11. Use of traditional and less efficient techniques of production.
12. Poor quality of human capital, low literacy ratio, low level of education, inadequate availability of health facilities and poor sanitation facilities.
13. Predominance of primary exports.

Answer 3

poor government, no equal rights, discrimination, racism, unfair laws, rioting, high infant mortality rates, low levels of education, lots of people who work very hard and get very little money, etc.

Answer 4

• High infant mortality
  
• Low life expectancy
• Less medical facilities
• Poor sanitation
• Low standard of living
• Inadequate housing
  
• Low levels of labour productivity
• High level of unemployment and under employment
• Technological backwardness
• Low Literacy rate
  
• Less agriculture productivity

Answer 5

poverty

agriculture

dualistic economy

underdeveloped Natural Resources

demographic features

unemployment and disguise unemployment

economic backwardness

lack of enterprise on initiative

insufficient capital equipment

foreign trade corporation

Answer 6

Undeveloped countries have a variety of distinct characteristics. Some of these include poor health, low level of employment, an unstable economy, as well as low level of education.

Answer 7

There are a number of characteristics of less developed countries. These include high Birth Rate, low education, as well as poor health.

Answer 8

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