The major characteristics of an undeveloped nation is
ECONOMICS
JAMB 2016
The major characteristics of an undeveloped nation is
- A. Over-dependence on foreign products
- B. Dominance of the industrial sector
- C. High per capita income
- D. Efficient and sensitive financial sector
Correct Answer: A. Over-dependence on foreign products
Explanation
Characteristics Low per Capita Income Inequitable Distribution of Wealth and Income Predominance of Agriculture Deficiency of Capital High Rate of Population Growth Unemployment and Underemployment A Dualistic Economy Technical Backwardness dependence on foreign products
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *