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
jamb 2016economics

The correct answer is A. Over-dependence on foreign products

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

Previous question Next question