Economically, underdeveloped countries are characterized by?
Answer Details
Economically, underdeveloped countries are characterized by a high rate of population growth and a low rate of economic growth.
Underdeveloped countries are those countries that are experiencing significant economic and social challenges, including poverty, inequality, and limited access to basic services such as education, healthcare, and infrastructure.
A high rate of population growth means that the population of the country is increasing rapidly, which can put a strain on the country's resources and limit its ability to invest in economic development. A low rate of economic growth means that the country's economy is not expanding at a significant rate, which can lead to limited job opportunities, low incomes, and limited access to basic goods and services.
These factors can contribute to a cycle of poverty and underdevelopment, as limited economic opportunities and resources can make it difficult for underdeveloped countries to invest in the education, infrastructure, and other resources needed to support economic growth and development.
In summary, underdeveloped countries are characterized by a high rate of population growth and a low rate of economic growth, which can contribute to a cycle of poverty and underdevelopment.