The major characteristics of an undeveloped nation is
...The major characteristics of an undeveloped nation is
Over-dependence on foreign products
Dominance of the industrial sector
High per capita income
Efficient and sensitive financial sector
Correct answer is A
Characteristics
* Low per Capita Income
* Inequitable Distribution of Wealth and Income
* Predominance of Agriculture
* Deficiency of Capital
* High Rate of Population Growth
* Unemployment and Underemployment
* A Dualistic Economy
* Technical Backwardness
* Dependence on foreign products
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