WAEC - Economics (2014 - No. 15)
Which of the following is not a characteristic of a developing country? High
real per capita income
level of primary production
population growth rate
level of illiteracy
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.