Question

Scarcity of capital, technological backwardness and unemployment are generally found in ___________.

• A. developed countries
• B. underdeveloped countries
• C. developing
• D. none

Answer 1

The correct option is B underdeveloped countries

• The underdeveloped countries are characterized by:

1. Low per capita income
2. High rate of capital formation
3. High dependency figure
4. Working force largely in the primary sector