Question

Which of the following is not a feature of developing economies?

• A. High per capita income
• B. Low per capita income
• C. High population growth rate
• D. Low population growth rate

Answer 1

Answer: (A), (D)

Low population growth rate

Developing economies are characterised by low per capita income and high population growth rate. Per capita income refers to the average income earned per person in an area or a country in a given year. A high population growth rate is another feature of developing economies, which is usually 2% or more.