Question

Which of the following is not the feature of under-developed economy?

• A. Outdated technology
• B. Unemployment
• C. Low growth rate of population
• D. Low per capita income

Answer 1

The correct option is C Low growth rate of population

Developing economy is also called as underdeveloped economy. It is a country or a nation with an underdeveloped industrial base, and a low Human Development Index (HDI) relative to other countries. It is characterized by outdated technology, unemployment, low per capita income. Among the given options low growth rate of population is not a characteristic of under developed economy. Indonesia, Iran and India are examples of Developing Economy.