English

Define an underdeveloped economy. - Economic Applications

Advertisements
Advertisements

Question

Define an underdeveloped economy.

Definition
Advertisements

Solution

An underdeveloped economy is defined as one where the level of per capita income is low and the people generally experience a miserable standard of living. 

shaalaa.com
  Is there an error in this question or solution?
Chapter 4: Types of Economies - QUESTION BANK [Page 59]

APPEARS IN

J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 4 Types of Economies
QUESTION BANK | Q 9. | Page 59
J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 4 Types of Economies
QUESTION BANK | Q 9. | Page 72
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×