Economic Characteristics of Underdeveloped or Developing Countries
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Economic Characteristics of Underdeveloped or Developing Countries
Learn Economics Easily! In this lecture you will understand the Economic Characteristics of Developing Countries or underdeveloped countries. 1. Low GNP or GNI per capita 2. Large Income Inequalities 3. Low Levels of Productivity 4. Lack of Industries and Expertise 5. High Levels of Unemployment or underemployment or disguised Unemployment 6 ...
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