The major characteristics of an undeveloped nation is
-
Over-dependence on foreign products
- Dominance of the industrial sector
- High per capita income
- Efficient and sensitive financial sector
The correct answer is: A
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