Explain five characteristics of under development as witnessed in under developed countries.
Answer:
-High level of poverty: under developed countries have great part of their population living under poverty level.
-Unequal income distribution:Under development is characterized with unequal
distribution of income such that small part of the population is wealthy with the rest being poor
-Low level of savings and poverty. The little income earned is used in basics therefore no savings and investment
-High population growth rate. Underdeveloped countries hava high growth rate and high dependency ratio
-Problem of unemployment
.Underdeveloped countries experiences a problem where many of their people are not employed
-Underdeveloped countries are more dependant on developed countries.