Question: What Are The Main Features Of Developing Economy?

What are the features of a developed country?

Characteristics of Developed CountriesHas a high income per capita.

Developed countries have high per capita incomes each year.

Security Is Guaranteed.

Guaranteed Health.

Low unemployment rate.

Mastering Science and Technology.

The level of exports is higher than imports..

What are the various social indicators of development?

Examples of social indicatorsPoverty rate.Inequality rate.Educational attainment.Life expectancy.Employment and unemployment rates.Obesity rate.Fertility rate.Health expenditure.More items…•

What are the features of development?

These are:It is a continuous process.It follows a particular pattern like infancy, childhood, adolescence, maturity.Most traits are correlated in development.It is the result of interaction of individual and environment.It is predictable.It is both quantitative and qualitative.More items…•

What are the four characteristics of development?

(ii) What may be development for one may not be development for the other. It may be destructive for the other. (iii) Income is the most important component of development, but along with income, people also seek equal treatment, good health, peace, literacy, etc. (iv) For development, people look at mixed goals.

What are the two features of development?

Mention any two features of development. Ans. (i) Development is a comprehensive term which include increase in real per capita income, improvement in living standard of people, reduction in poverty, illiteracy, crime rate, etc. (a) Different persons have different developmental goals.

What are the three features of development?

1 AnswerCharacteristics of Development:(i) What may be development for one may not be development for the others.(ii) For development, people look at mix goals.(iii) Income is the most important component of development, but along with income, people also seek equal treatment, good health, peace and security, etc.

What are the factors of development explain in detail?

Economists generally agree that economic development and growth are influenced by four factors: human resources, physical capital, natural resources and technology.

What are the features of a developing economy is India a developing economy?

Indian economy is termed as the developing economy of the world. Some features like low per capita income, higher population below poverty line, poor infrastructure, agriculture based economy and lower rate of capital formation, tagged it as a developing economy in the world.

What do you mean by a developing economy?

A developing economy also called a less developed economy or underdeveloped country is a nation with an underdeveloped industrial base, and a low Human Development Index (HDI) relative to other countries. … Also, the general term less-developed economy should not be confused with the specific least developed country.

What are the features of development goals?

1) Development goal is distinct for different people. 2) Since it is different for each individual, their idea towards national development also tends to be different. 3) A thing which is development for one person may not be development for the others. 4) Also, in order to develop people explore combination of goals.

What are the characteristics of lifespan development?

Baltes’ lifespan perspective emphasizes that development is lifelong, multidimensional, multidirectional, plastic, contextual, and multidisciplinary. Think of ways your own development fits in with each of these concepts as you read about the terms in more detail.

What is development and what are its characteristics?

Development is a process such that the rate of increase in national income is more than the increase in population. It is the betterment in the lives of the people and also rise in living standards of the people. Characteristics of development. (i) Different people have different developmental goals.

What are the four major developmental areas of child development?

Children grow and develop rapidly in their first five years across the four main areas of development. These areas are motor (physical), language and communication, cognitive and social/emotional.

What are the features of developing economy?

Characteristics of Developing EconomiesLow Per Capita Real Income.High Population Growth Rate.High Rates of Unemployment.Dependence on Primary Sector.Dependence on Exports of Primary Commodities.

What are the main features of Indian Economy?

Salient Features of Indian EconomyIndia, as a developing country, features a mixed economy in the world. … Low Per Capita Income:The per capita income of India is much less than that of the developed countries. … Agro-Based Economy:Indian economy is totally agro-based economy. … Overpopulation:More items…

Do you think India is a developing country?

India is classified as a developing country with its GDP amounting to 2.6 lakh crores USD in 2017 according to World Bank estimates. … According to IMF, on a per capita basis, India ranked 142nd by GDP and 119th by GDP per capita in the year 2018.

What do you mean by development?

Development is a process that creates growth, progress, positive change or the addition of physical, economic, environmental, social and demographic components. … The identification of these traps enables relating to political – economic – social conditions in a country in an attempt to advance development.

What are the characteristics of development communication?

Development communication refers to the use of communication to facilitate social development. Development communication engages stakeholders and policy makers, establishes conducive environments, assesses risks and opportunities and promotes information exchange to create positive social change via sustainable …

What are the 5 characteristics of development?

Children develop skills in five main areas of development:Cognitive Development. This is the child’s ability to learn and solve problems.Social and Emotional Development.Speech and Language Development.Fine Motor Skill Development.Gross Motor Skill Development.

How many are the characteristics of Indian economy?

Some of the characteristics are: 1. Low per capita income 2. Excessive dependence of agriculture and primary producing 3. High rate of population growth 4.

What are the main characteristics of growth?

Different characteristics of growth and development like intelligence, aptitudes, body structure, height, weight, color of hair and eyes are highly influenced by heredity. Sex: Sex is a very important factor which influences human growth and development.

What are core values of development?

There are three core values of development: (i) sustenance, (ii) self- esteem, and (iii) freedom. Sustenance: Sustenance is the ability to meet basic needs of people. … These basic needs include food, shelter, health, and protection. People should have access to these basic needs.