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Question

In an under-developed economy, the majority of the population is ____________.


A
dependent population
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B
income earning population
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C
tax payers
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D
literate
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Solution

The correct option is A dependent population
In an under-developed economy, the majority of the population is dependent population. This means that most of the people living in the underdeveloped economies do not fall under the category of working population, i.e, people are not employed.Underdeveloped countries can be referred to those countries which are backward economically.

Economics

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