Economics · Development Economics
Which of the following are considered basic features or characteristics of an underdeveloped economy? (A) A low level of technology and poor human capital (B) Higher level of GDP and per capita income (C) A high proportion of the labour force engaged in agriculture and low agricultural productivity (D) A high proportion of domestic expenditure on food (E) Higher incidence of poverty Choose the most appropriate answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(B) only
- 2(B), (D), and (E) only
- 3(A), (C), (B), and (E) only
- 4(A), (C), (D), and (E) only✓
Correct answer
(A), (C), (D), and (E) only
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