wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Generally an economy is considered underdeveloped if ___________________.

A
The standard of living of people is low and productivity is also considerably low
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Agriculture is the main occupation of the people and productivity in agriculture is quality low
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
The production techniques are backward
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
All of the above
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D All of the above
Generally an economy is considered underdeveloped if:
a) The standard of living of people is low and productivity is also considerably low
b) Agriculture is the main occupation of the people and productivity in agriculture is quality low
c) The production techniques are backward Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Plant Breeding
BIOLOGY
Watch in App
Join BYJU'S Learning Program
CrossIcon