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An underdeveloped country has one or some of the following charactertics in common: 1. These countries has low reservoir of Natural Resources. 2. The economy is backward, often aggregarian economy, which many a times suffers unpredicatble natural climatic condition. 3. Low level of industrialisation. 4. Low level of employment. 5. Plagued by un-employment, under-employment, disguised unemployment. 6. Low Forex Reserve 7. Adverse Balance of Trade and Balance of Payment situation 8. Heavy borrowing from other countries. Heavy outgoing towards debt-service. 9. Dependency of Foreign Aids. 10. Interference from other countries, World Bank, IMF. 11. Existence of vicious circle of poverty. 12. Socio-economical inequality. 13. Inflation 14. Budgetory Deficit, Deficit Financing 15. Unplanned economy A systematic approach has to be undertaken to move ahead on path of development depending upon root cause of underdevelopment. The approach can be a communist approach or capitalist approach. The approach should be such that its benefits can be made available to larger section of people. In process care has to be taken it should not harm weaker section of society.
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Which economic parameter is used to classify the countries into developed and under developed?
per capita income is the = economic parameter which is used to classify the countries into developed and under developed =
What are the main characteristics of urbanization in developed countries?
overpopulation, housing problems, pollution and health, unemployment and transport
What characteristics do developed nations share?
Developed countries have high levels of living standards. The characteristics they share are: a high GDP or gross domestic product per capita, industrialization and a very high Human Development Index or HDI rating.
Is Australia a developed or less developed country?
It is a developed country other developed countries include the uk, usa and germany. less developed countries are somalia, afganistan and lybia
Is Iran a developing developed or under developed country?
Iran is typically considered a developing country. It has a decent infrastructure and modern scientific output. However, it is not equivalent to South Korea or Israel, which are the two countries on the Asian mainland that are considered developed.
What are the characteristics of less-developed countries?
There are a number of characteristics of less developed countries. These include high Birth Rate, low education, as well as poor health.
Which economic parameter is used to classify the countries into developed and under developed?
per capita income is the = economic parameter which is used to classify the countries into developed and under developed =
What countries are categorized as Developed Countries and under developed countries?
india & chine are developing country where as us and uk are developed country
What are the characteristics of public administration in developed countries?
Monitor the whole community in a better way
What are the roles and characteristics of public administration in developed countries?
In developed countries, public administration plays a crucial role in implementing and managing government policies and programs efficiently. Characteristics include transparency, accountability, professionalism, and adherence to ethical standards. Public administrators in developed countries often focus on delivering high-quality public services, promoting innovation, and fostering public trust in government institutions.
How many under developed countries in the world?
6
What are some under- developed countries?
haiti mexico
Is Bulgaria under developed?
No it is not under developed. It is not in the club of LDC (least developed countries). One can check its GDP/GNP. And Bulgaria is a member of the EU
What are the characteristics of a highly developed country?
A highly developed country typically exhibits high levels of economic prosperity, advanced infrastructure, high standards of living, access to quality healthcare and education, low levels of poverty, and strong political stability. These countries also often have high levels of technological advancement and innovation, along with strong institutions and governance.
Manpower problems of under developed countries?
LACK OF EDUCATION
What are the main characteristics of urbanization in developed countries?
overpopulation, housing problems, pollution and health, unemployment and transport
Is Iran a less economic developed country?
It is listed under Less Developed Countries at the Related Link below.
