asked 98.4k views
4 votes
What are the characteristics of a developing economies?

asked
User Rtperson
by
7.7k points

1 Answer

2 votes

Answer: High rates of unemployment, dependence on the primary sector, reliance on exports of primary commodities.

Step-by-step explanation:

These are just some of the characteristics of developing economies. In developing countries, there is also a high poverty rate and generally low income from capital. For these countries, it is also possible to find the abbreviation LDC (Less developed country) or LEDC (Less economically developed country), which geographers use to say that the country is underdeveloped, which usually includes other factors of human development.

answered
User Ashrith Reddy
by
7.9k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.