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Questions and Answers
An underdeveloped economy is characterized by a ________ level of per capita income.
low
One of the reasons behind underdevelopment is ________ level of population growth.
high
Underdeveloped economies often have a ________ level of productivity.
low
Underdeveloped economies often face the problem of ________.
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Underdeveloped economies often have an ________ dependence on agriculture.
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Study Notes
Underdeveloped Economy
- Characterized by a low level of per capita income
- High population growth rate is a major reason for underdevelopment
- Low levels of productivity also contribute to underdevelopment
Key Features
- Per capita income is low
- Poverty is prevalent
- Population growth rate is high
- Unemployment is a significant issue
- Economy is excessively dependent on agriculture
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Description
This quiz covers the key features of an underdeveloped economy, including low per capita income, high population growth rate, and dependence on agriculture.
