What are 5 characteristics of a less developed country?
Characteristics of LDCs (cont)
- Inadequate technology & capital.
- Low saving rates.
- Dual economy.
- Varying dependence on international trade.
- Rapid population growth (1.6% to DCs’ 0.1% yearly)
- Low literacy & school enrollment rates.
- Unskilled labor force.
- Poorly developed institutions.
What is a characteristic of a less developed country?
What are the characteristics of less-developed countries? the uneven distribution of wealth, lack of technology, high birth rate, and gender inequities.
What are the characteristics of a poor country?
The accepted characteristics of a poor country like India are very low per capita income, very high population, high population growth, high inflation, adverse balance of trade, poor infrastructure and high corruption.
What are the main characteristics of less developed economies?
Some of the characteristics are: 1. Low per capita income and widespread poverty 2. Shortage of capital 3. Population explosion and high dependency 4.
What are the features of underdevelopment?
Underdevelopment is low level of development characterized by low real per capita income, wide-spread poverty, lower level of literacy, low life expectancy and underutilisation of resources etc.
What makes a country developed or less developed?
The economy factors greatly into what makes a country developed. Lack of income prevents people from access to basic human rights such as clean water, food and preventable measures against disease. While only 15 percent of Americans live in poverty, over 60 percent in the Congo and neighboring countries do.
What are the characteristics of an underdeveloped country?
Underdeveloped countries are characterized by poor infrastructure. The quantity, as well as quality of infrastructure, such as roads, electricity, drinking water, etc. is poor as compared to developed countries.
What are the characteristics of under developed countries?
Low Levels of Living. In developing nations general levels of living tend to be low for the vast majority of people.
Which countries are less economically developed?
Afghanistan