Which of the following is not a feature of economic under development?
Answer Details
Economic underdevelopment is characterized by a set of structural weaknesses that keep a country's standard of living low. Typical features include:
Monocultural economy - heavy dependence on a single product or sector for export earnings, making the economy vulnerable to price fluctuations.
Low life expectancy - poor healthcare, nutrition, and sanitation lead to shorter average lifespans.
Income inequality - a wide gap between the rich and the poor, with wealth concentrated in the hands of a few.
High productivity, however, is a hallmark of economically developed countries. Developed nations achieve high output per worker through advanced technology, skilled labour, efficient management, and strong capital investment. Underdeveloped economies, by contrast, suffer from low productivity due to outdated technology, inadequate infrastructure, limited education, and poor capital formation.
Since high productivity is associated with development rather than underdevelopment, it is the feature that does not belong in the list of characteristics of economic underdevelopment.