Economics · Indian Economy
Which of the following is a characteristic feature of an underdeveloped economy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Socio-economic backwardness✓
- 2High level of national and per capita income
- 3High levels of production and consumption
- 4Socially and economically advanced status
Correct answer
Socio-economic backwardness
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