Some of the key indicators of underdevelopment in a country are?
Answer Details
The key indicators of underdevelopment in a country are poverty, low level of literacy, and low income.
Poverty is a major indicator of underdevelopment in a country. It is a condition in which people lack the basic necessities of life, such as food, water, shelter, and clothing. Poverty is often accompanied by poor health, limited access to education, and low levels of income.
Low levels of literacy are also a significant indicator of underdevelopment. Education is essential for the development of human capital and the acquisition of skills needed for economic growth. Countries with low literacy rates typically have limited access to education, which can hinder their ability to develop and compete in the global economy.
Low income is another key indicator of underdevelopment. Low-income countries have limited resources to invest in infrastructure, education, and healthcare, which can make it difficult for them to attract foreign investment or compete in global markets. As a result, these countries often struggle to provide basic services to their citizens, such as healthcare, sanitation, and clean water.
While unemployment is also a critical issue in underdeveloped countries, it is not considered a key indicator of underdevelopment in the same way as poverty, low literacy levels, and low income. This is because many underdeveloped countries have high levels of unemployment due to their limited economic opportunities and lack of resources.