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Any one on this forum, who can explain the underdeveloped economies

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January 7th, 2013 11:08
in Economic Theory by presman (Harvard University (MA), Physics)

Any one on this forum, who can explain the underdeveloped economies characteristic called as Inequalities of income and wealth.

6 Answers
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April 22th, 2013 10:14
saruy (Chennai Mathematical Institute, Mathematics)
There are many characterstics.

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April 22th, 2013 13:54
bacha (Chhattisgarh Swami Vivekanand Technical University, Computer science)
"Inequalities of income and wealth:In these countries there is concentration of income in few hands and is usually spent on non-economic activities. Such as jewellery. Source: http://en.docsity.com/en-docs/Economic_Growth_-_Lecture_Slides_"

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April 22th, 2013 14:55
laskhmidar (Aligarh Muslim University, Physics)
The underdeveloped countries are those countries which are competing with the developed countries.

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April 22th, 2013 18:44
star_plus (B R Ambedkar National Institute of Technology, netwokring)
The main chracterstics are the unemployment ineuquality in the distribution of wealth.

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April 23th, 2013 07:34
gupta (Alagappa University, Materials science)
The underdeveloped countries face very difficulties.

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April 23th, 2013 10:27
padmal (National Institute of Industrial Engineering, Computer sciences)
There are much time reuire to be the developed.

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