Question

Scarcity of capital, technological backwardness and unemployment are generally found in ______.

Options

• Developed countries

• Underdeveloped countries

• Both developed countries and underdeveloped countries

• None of the above

Answer 1

Scarcity of capital, technological backwardness and unemployment are generally found in underdeveloped countries.

Explanation:

Scarcity of capital, technological backwardness, and unemployment are typical features of underdeveloped countries. These countries lack sufficient capital, use outdated technology and have widespread unemployment due to slow economic growth and structural problems.