Can you think of other common characteristics of less developed countries not mentioned in these images? See if you can list five and briefly justify them.

ENGR.ECONOMIC ANALYSIS
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Can you think of other common characteristics of less developed countries not mentioned in these images? See if you can list five and briefly justify them.

Ten Important Features of Developing Countries
9. Underdeveloped financial and other markets
10. Lingering colonial impacts such as poor institutions and
varying degrees of external dependence (economic,
political, cultural and environmental)
Transcribed Image Text:Ten Important Features of Developing Countries 9. Underdeveloped financial and other markets 10. Lingering colonial impacts such as poor institutions and varying degrees of external dependence (economic, political, cultural and environmental)
Ten Important Features of Developing Countries
1. Lower levels of living and productivity
2. Lower levels of human capital
3. Higher levels of inequality and absolute poverty
4. Higher population growth rates
5. Greater social fractionalization
Ten Important Features of Developing Countries
6. Larger rural population but rapid rural-to-urban migration
7. Lower levels of industrialization and manufactured exports
8. Adverse geography
Transcribed Image Text:Ten Important Features of Developing Countries 1. Lower levels of living and productivity 2. Lower levels of human capital 3. Higher levels of inequality and absolute poverty 4. Higher population growth rates 5. Greater social fractionalization Ten Important Features of Developing Countries 6. Larger rural population but rapid rural-to-urban migration 7. Lower levels of industrialization and manufactured exports 8. Adverse geography
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