Question

An underdeveloped economy is characterised by __________.

• A. High per capita real income
• B. Large proportion of labour force in the tertiary sector
• C. State of deprivation of large proportion of population
• D. All the above

Answer 1

The correct option is C State of deprivation of large proportion of population

High per capita real income and large proportion of labour force in the tertiary sector are the characteristics of healthy economy. Underdeveloped countries face the problem of deprivation of large section of the population, low per capita real income etc.