OTHER SETS BY THIS CREATOR. The economies of these two countries are one major characteristic that set them apart. 2. Mainly urban citizens 6.   Countries deemed more developed than LDCs are called developed countries, while those less developed are known as less economically developed countries (LEDCs) or frontier markets. 13. Multiple Choice . low life expectancy << high literacy rates many educated people low unemployment 5. Capital Deficiency: The deficiency of capital in an important feature of developing countries. Developing countries are also called poor countries. High Volatility . Norway's per capita GDP is … This makes it an underdeveloped economy. Show transcribed image text. Chapter 9 Practice Test 41 Terms. What is meaning of Age Structure of population? The affected country portrays the following characteristics: 1. Lack of Capital Formation 4. Question: Identify Whether Each Of The Following Factors Is More Likely To Be A Characteristic Of A Less-developed Country (LDC) Or An Industrially Advanced Country (IAC). characteristics of developed and developing countries (developed countries…: characteristics of developed and developing countries Of the following characteristics, a less-developed country is least likely to have a. low economic wealth. 1.A developed country is a country that has a high level of industrialization and per capita income while a developing country is a country that is still in the early stages of industrial development and has a low per capita income. hannah_darden7. In the less developed countries, there are a lot of restrictions and citizens cannot do whatever they like freely. Common characteristics of economically less developed countries. Inequitable distribution of income The majority of underdeveloped countries suffer from income inequality, where … Characteristics of a MORE Developed Country 9 Terms. Another common characteristic of developing countries is that they either have high population growth rates or large populations. A. low level of education. Which of the following is a characteristic of a ‘developed’ country? According to the UN Development Report, Norway is the most developed nation in the world. What is it called when countries block the importation of certain products into their country? These terms have been the subject of criticism, but they remain … Developed countries invest … The Gambia: This is one of the least developed countries in the world with an HDI score of 0.441 and a life expectancy of 64.1 years of age. Characteristics of LDCs Exports of Primary Goods: The primary and agricultural products are the main exports of these countries. Low unemployment rate d. Low literacy rate Weegy: elow are a set of sample test questions taken from previous exams in Development Economics 339.The … C. farmers institute new farming techniques. D. there is little need for medical facilities. Norway. This differentiation of countries, as developed and developing, is used to classify countries according to their economic status based on per capita income, industrialization, literacy rate, living standards, etc. 11) Which of the following is NOT a characteristic that is associated with developed countries? Low per capita income and slow growth rate of per capita income are characteristics of these countries. B. people have political freedom. Which of the following is a characteristic of a less developed country: a. German Interpretive Reading and Listening … Demographically speaking, India has a high density of population with high infant mortality rates and comparatively lower life expectancy as compared to the developed countries. According to Wikipedia, “A developed country or "more developed country" (MDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less developed nations. High inequality of income and wealth is another common feature of underdeveloped countries. Characteristics of a developing country: A country in which the capital is low in relation to its population and natural resources is called an underdeveloped (developing) country. B) High unemployment. Rapid social change leads to the third characteristic, which is high volatility. Mass Poverty 3. Low corruption 5. The freedom to worship, marry, own property, and access to information characterizes a developed nation. United States Canada Australia Mexico << 4. Less-developed countries (LDC) are low-income countries that face significant structural challenges to sustainable development. Example; Japan, Britain, France, etc. Q 17 Q 17. d. an emphasis on agriculture and mining. D) Low savings and investment rates. C) Over half of the labor force in agriculture. In these countries, large percentage of national income is shared by a small segment of the society while a large segment of the society gets barely enough to survive. 11) A) high life expectancy B) an income distribution that is very close to being equal C) a high per capita GNP D) low infant mortality rates Answer: B 12) Characteristics of economic development include all of the following EXCEPT 12) A) a decrease in the percentage of the labor force in urban areas. Which of the following is a characteristic of a developed country? User: Which of the following is a characteristic of a less developed country: a.High per capita GDP c. Stable exchange rate b. In 2019, the economic growth of most developed countries, such as the United States, Germany, Mexico, and Japan, was less than 3%. According to the UN criteria, countries with less than $400 level of per capita income countries are designated as low income countries and countries with less than $750 per capita income as called less developed economics. Democratic Republic of Congo: This country has an HDI score of 0.433 and a life expectancy of 58.7 years. This problem has been solved! Norway is a highly developed country and typically has a world GDP ranking in the top 30, with a 2014 GDP at $500 million in 2014. Developing countries, less-developed countries (LDCs), or emerging markets have lower ratings based on these statistical criteria. Which of the following is not a characteristic of less-developed countries? China and Vietnam saw their economies grow by around 6% to 7%. Such countries are characterized by an increased economic growth rate, a robust political system, rapid population growth and urbanization, and free trade policies. A. most workers are in the tertiary sector B. a very low GDP per capita C. a lack of basic resources D. a high level of poverty 2 See answers Brainly User Brainly User A. A) High rates of illiteracy. Free. Unlock to view answer. Further, in India, the population density was 412 per square kilometer (in 2010). Some of the characteristics are: 1. brezelfrau1219. High per capita GDP c. Stable exchange rate b. Characteristic # 1. Compared to IACs,LDCs are often characterized by: A) higher life expectancy. Low unemployment rate d. Low literacy rate 1 See answer ealic2AjaRro1berth is waiting for your help. The following list, including the Four Asian Tigers and new Eurozone European countries, were historically considered developing countries and regions until the 1990s, and are now listed as advanced economies (developed countries and regions) by the IMF. Which of the following is not a characteristic of a least-developed economy? importation blockade trade … brezelfrau1219 . Advanced public transportation 7. For example the main exports products of Pakistan are rice, cotton yarn, fish and garments etc. Norway has an HDI of 0.954, making it a "very high development" country. c. a highly educated population. High standard of living 2. Economies based on agriculture C. Economies based on manufacturing and service industries D. Rapid economic growth b. poor housing and health care. Countries with traditional economies are often less developed because. This low per capita income reflects the low standards of living in these countries. High GDP per capita 4. Most workers are in the tertiary sector. Health and educational opportunities are limited for most people B. Syllabus: Explain, using examples, that economically less developed countries share certain common characteristics (noting that it is dangerous to generalize as there are many exceptions in each case), including . The characteristics of developing countries are stated in the following: Low per capita income: Per capita income is very low in developing countries. Developed vs Developing Countries . JennieMederos. Unemployment Problem 7. Human Development Index 12 Terms. _____ refers to an increase in average prices for goods and services in a country. Agricultural Backwardness 6. ANS: C PTS: 1 COMPLETION 1. Time in brackets is the time to be listed as advanced economies. Often, this is because of a lack of family planning options, lack of sex education and the belief that more children could result in a higher labor force for the family to earn income. Low Level of Income 2. The developed countries having low birth and death rates come under this category which shows the pyramid of narrow base and a tapered top. The characteristic of developed nations: 1. Low poverty 8. Long Answer Type Questions: Question 1.   3. The international trade. The least developed countries (LDCs) is a list of developing countries that, according to the United Nations, exhibit the lowest indicators of socioeconomic development, with the lowest Human Development Index ratings of all countries in the world.The concept of LDCs originated in the late 1960s and the first group of LDCs was listed by the UN in its resolution 2768 (XXVI) of 18 November 1971. Indian Economy Questions & Answers : Which one of the following is NOT a characteristic of the population of a developed country Free Q&A Aptitude and Reasoning sramedeles. The population growth in developed countries is usually zero or negative. The classification of countries is based on the economic status such as GDP, GNP, per capita income, industrialization, the standard of living, etc. Which of the following countries is NOT a developed nation? Countries are divided into two major categories by the United Nations, which are developed countries and developing countries. Economic Inequalities . Wissenschaften und die Technologie das Essen 21 Terms. According to political scientists and economists, a newly industrialized country (NIC) is a country whose economic status is above that of a developing country but below that of a developed country. See the answer. Students spend an average of 2.8 years in school and the country has a GDP PPP of $1,501. A developed country has freedom for its citizens and respects the law. Heavy Population Pressure 5. E) Low infant mortality rates. Unexploited Natural Resources and Others. The following points highlight the fourteen basic characteristics of underdeveloped countries. Between developed and developing countries, one can identify a variety of differences. The following list is the top 10 countries on that list: Norway; Switzerland; Ireland; Germany; Hong Kong, China; Australia; Iceland; Sweden; Singapore; The Netherlands; 1. Which of the following is NOT a characteristic of a developed country? 2.The citizens of a developed country enjoy a free, healthy, and affluent existence while citizens of developing countries do not. Add your answer and earn points. Most of the GDP came from the industry sector 3. Developed & Developing Countries Review (3A) 24 Terms. A. people are resistant to change. The United Nations's list of LDCs currently comprises 47 countries. Demographic Characteristics. A. Low per capita income The per capita income of underdeveloped countries is very low compared to that of the developed countries. Sometimes they are often called underdeveloped economics. Growth in Egypt, Poland, India, and Malaysia, was 4% or more. Republic of Congo: this country has freedom for its citizens and respects the law came from the industry 3. 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