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
Correct Answer: 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