An underdeveloped country is a country characterized by chronic widespread poverty and less economic development than other nations. Emerging markets, developing countries, and newly industrialized countries are terms that are often used interchangeably for an underdeveloped country. These countries have very low per capita income and many residents live in very poor conditions, including lacking access to education and health care. Additionally, underdeveloped countries have obsolete methods of production and social organization. These nations often experience high birth rates and high population growth, further contributing to their widespread poverty. The most accurate way to categorize the development of countries is by using the Human Development Index (HDI). The Human Development index looks at each country’s human development such as life expectancy, education, and per capita income indicators. Human Development Index ranks countries on a scale from 0-1, from least developed to most develop.   Country Human Development Index  Population 2020 Niger 0.354 24,206,644 Central African Republic 0.367 4,829,767 South Sudan 0.388 11,193,725 Chad 0.404 16,425,864 Burundi 0.417 11,890,784 Sierra Leone 0.419 7,976,983 Burkina Faso 0.423 20,903,273 Mali 0.427 20,250,833 Liberia 0.435 5,057,681 Mozambique 0.437 31,255,435 Eritrea 0.44 3,546,421 Yemen 0.452 29,825,964 Guinea Bissau 0.455 1,968,001 Dr Congo 0.457 89,561,403 Guinea 0.459 13,132,795 Gambia 0.46 2,416,668 Ethiopia 0.463 114,963,588 Malawi 0.477 19,129,952 Haiti 0.498 11,402,528 Afghanistan 0.498 38,928,346 Sudan 0.502 43,849,260 Comoros 0.503 869,601 Togo 0.503 8,278,724 Senegal 0.505 16,743,927 Benin 0.515 12,123,200 Uganda 0.516 45,741,007 Madagascar 0.519 27,691,018 Lesotho 0.52 2,142,249 Mauritania 0.52 4,649,658 Rwanda 0.524 12,952,218 Tanzania 0.538 59,734,218 Solomon Islands 0.546 686,884 Nepal 0.574 29,136,808 Myanmar 0.578 54,409,800 Angola 0.581 32,866,272 Cambodia 0.582 16,718,965 Zambia 0.588 18,383,955 Sao Tome And Principe 0.589 219,159 Laos 0.601 7,275,560 Vanuatu 0.603 307,145 Bangladesh 0.608 164,689,383 Kiribati 0.612 119,449 Bhutan 0.612 771,608 Describe the impact of under populated of such country.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question

An underdeveloped country is a country characterized by chronic widespread poverty and less economic development than other nations. Emerging markets, developing countries, and newly industrialized countries are terms that are often used interchangeably for an underdeveloped country.

These countries have very low per capita income and many residents live in very poor conditions, including lacking access to education and health care. Additionally, underdeveloped countries have obsolete methods of production and social organization. These nations often experience high birth rates and high population growth, further contributing to their widespread poverty.

The most accurate way to categorize the development of countries is by using the Human Development Index (HDI). The Human Development index looks at each country’s human development such as life expectancy, education, and per capita income indicators. Human Development Index ranks countries on a scale from 0-1, from least developed to most develop.

 

Country

Human Development Index 

Population 2020

Niger

0.354

24,206,644

Central African Republic

0.367

4,829,767

South Sudan

0.388

11,193,725

Chad

0.404

16,425,864

Burundi

0.417

11,890,784

Sierra Leone

0.419

7,976,983

Burkina Faso

0.423

20,903,273

Mali

0.427

20,250,833

Liberia

0.435

5,057,681

Mozambique

0.437

31,255,435

Eritrea

0.44

3,546,421

Yemen

0.452

29,825,964

Guinea Bissau

0.455

1,968,001

Dr Congo

0.457

89,561,403

Guinea

0.459

13,132,795

Gambia

0.46

2,416,668

Ethiopia

0.463

114,963,588

Malawi

0.477

19,129,952

Haiti

0.498

11,402,528

Afghanistan

0.498

38,928,346

Sudan

0.502

43,849,260

Comoros

0.503

869,601

Togo

0.503

8,278,724

Senegal

0.505

16,743,927

Benin

0.515

12,123,200

Uganda

0.516

45,741,007

Madagascar

0.519

27,691,018

Lesotho

0.52

2,142,249

Mauritania

0.52

4,649,658

Rwanda

0.524

12,952,218

Tanzania

0.538

59,734,218

Solomon Islands

0.546

686,884

Nepal

0.574

29,136,808

Myanmar

0.578

54,409,800

Angola

0.581

32,866,272

Cambodia

0.582

16,718,965

Zambia

0.588

18,383,955

Sao Tome And Principe

0.589

219,159

Laos

0.601

7,275,560

Vanuatu

0.603

307,145

Bangladesh

0.608

164,689,383

Kiribati

0.612

119,449

Bhutan

0.612

771,608

Describe the impact of under populated of such country.

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Redistribution Of Income
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education