WAEC - Economics (2019 - No. 41)
In most underdeveloped countries, development plans do not achieve their objective due to
poor coordination between local and national governments
exportation of more primary products
lack of educational institutions in those countries
urban-rural migration of citizens
설명
Developing economies mainly trade in primary exports. These primary products are transformed into finished goods by the developed economies and sold to underdeveloped countries. The money raised from the sale of the primary products is then used to pay for manufactured imports, this has been a serious impediment in its developmental strides.