Question on: WAEC Economics - 2014

Which of the following is not a characteristic of a developing country? High

A
real per capita income
B
level of primary production
C
population growth rate
D
level of illiteracy
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Correct Option: A

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.

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