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Underdevelopment takes place when resources are not used to their fullsocio-economic potential, with the result that local or regional development is slower in most cases than it should be. Furthermore, it results from the complex interplay of internal and external factors that allow less developed countries only a lop-sided development progression. Underdeveloped nations are characterized by a wide disparity between their rich and poor populations, and an unhealthy balance of trade.
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What type of country is most likely to find a traditional economy?
Under Developed
Is Chile a more developed country or less developed country?
more developed country.
Is Iran a developing developed or under developed country?
Iran is typically considered a developing country. It has a decent infrastructure and modern scientific output. However, it is not equivalent to South Korea or Israel, which are the two countries on the Asian mainland that are considered developed.
In which type of country is one most likely to find a traditional economy?
underdeveloped
What is a relatively developed country?
The G8 and the G20 groups of nations are the most economically developed nations.
Is Fiji a developed country?
I would say it's an under-developed country
Is Denmark developed developing or under developed?
It's a fully developed country.
What countries are categorized as Developed Countries and under developed countries?
india & chine are developing country where as us and uk are developed country
Characteristic features of under-developed country?
no
What is the status Pakistan as India's neighbouring country?
under developed country
Is Guatemala considered an under developed country?
Yes.
What does economically developed mean?
under construction
What does Medc mean?
MEDC stands for More Economically Developed Country. It is used to describe countries with high levels of industrialization, income per capita, and quality of life. These countries typically have advanced infrastructure, technology, and healthcare systems.
Is Iran a less economic developed country?
It is listed under Less Developed Countries at the Related Link below.
Why is India a rich country?
India is still under the category of developing countries, its not yet a developed country!
What type of country is most likely to find a traditional economy?
Under Developed
Is Mexico an advanced country?
You mean "developed" or industrialized? No. It is an "emerging market" or "newly industrialized country".
