Question

Q10. Which of the following denotes an underdeveloped economy?
1. High level of inequalities
2. Low level of capital productivity
3. A relatively closed economy

• A. (a) Only 1 and 2
• B. (b) Only 2 and 3
• C. (c) Only 1 and 3
• D. (d) All of the above

Answer 1

The correct option is D (d) All of the above

Other than the above features, there is High incidence of poverty, rapid population growth and technological backwardness too.