answersLogoWhite

0

Economic underdevelopment refers to a country or society with limited economic opportunities. This could mean few job opportunities, no healthcare system, limited food and water, as well as lack of schooling.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

What is Andre Gunder Frank's Theory of Underdevelopment?

Andre Gunder Frank's theory of underdevelopment suggests that underdevelopment in certain regions is a result of the historical and structural processes of colonialism and dependency on developed countries. He argues that the global economic system perpetuates unequal power relations that prevent less developed countries from achieving true development.


What is perpetuation of underdevelopment?

Perpetuation of underdevelopment refers to the continuation of socio-economic conditions that hinder progress and keep a region or community in a state of disadvantage. This can be caused by factors such as systemic inequality, lack of access to resources, political instability, and limited opportunities for growth. Addressing these factors is crucial to breaking the cycle of underdevelopment and promoting sustainable development.


Concept of underdevelopment?

Underdevelopment is "when resources are not used to their full socio-economic potential, with the result that local or regional development is slower in most cases than it should be." So essentially resources are not being utilized to the fullest and further organization is needed.


What is the medical term meaning underdevelopment in size?

Hypoplasia is underdevelopment.


What are the propositions and the shortcomings of underdevelopment theories?

Underdevelopment theories suggest that developing countries are hindered by historical, political, and economic factors, such as colonization, dependency on foreign powers, and unequal global trade. Some criticisms of these theories include oversimplification of complex issues, neglect of internal factors contributing to underdevelopment, and lack of emphasis on agency and empowerment of individuals in developing countries.


What is the duration of Memories of Underdevelopment?

The duration of Memories of Underdevelopment is 1.6 hours.


How countervailing power is the way out for underdevelopment?

The answer on how countervailing power is the way out toward underdevelopment.


When was Memories of Underdevelopment created?

Memories of Underdevelopment was created on 1968-08-19.


What is Andre Gunder Frank's Theory of Underdevelopment and show whether or not the theory can explain the state of development in many less developed countries today?

Andre Gunder Frank's theory of underdevelopment suggests that underdevelopment in many countries resulted from their historical interactions with developed countries, which exploited their resources and hindered their economic growth. While this theory provides insights into the root causes of underdevelopment, it may not fully explain the current state of development in many less developed countries today. Factors such as corruption, governance issues, and lack of investment in education and infrastructure also play significant roles in perpetuating underdevelopment.


How dependency theory explains underdevelopment?

Dependency theory posits that underdevelopment in certain countries is perpetuated by the unequal power dynamics between core and peripheral nations in the global economy. Peripheral countries rely on core countries for investment, technology, and markets, leading to their dependency and inability to develop independently. This results in a cycle of exploitation, limited economic growth, and social inequality, which perpetuates underdevelopment in these nations.


What are the causes of underdevelopment in relation to neo- liberal development theory?

Underdevelopment in neo-liberal development theory can be attributed to factors such as limited state intervention in economic affairs, emphasis on free market principles which may not address structural inequalities, reliance on foreign investments that may not benefit local communities, and policies that prioritize economic growth over social welfare and equity.


What has the author Manfred A Bienefeld written?

Manfred A. Bienefeld has written: 'Surplus labour and underdevelopment' -- subject(s): Underdeveloped areas, Economic conditions, Labor supply