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Which of the following is not a characteristic of a developing country? High

Economics
WAEC 2014

Which of the following is not a characteristic of a developing country? High

  • A. real per capita income
  • B. level of primary production
  • C. population growth rate
  • D. level of illiteracy
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Correct Answer: Option A
Explanation

Common Characteristics of Developing Economies

  • Low per capita real income. 
  • High population growth rate/size.
  • High rates of unemployment.
  • Dependence on primary sector. 
  • Dependence on exports of primary commodities.
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