Categories: All - wages - capital - infrastructure - unemployment

by Jan Munoz 6 years ago

333

developing

Countries classified as underdeveloped typically face numerous economic challenges that hinder their growth. One of the most significant issues is high unemployment, driven by low wages and a scarcity of job opportunities.

developing

developed vs undevloped

under developed country

traditional Ag economy
rapid popullation
limited resource
poor infertructure
high unemployment rate
because of low wages and scarce jobs theirs a huge percentage of people unemployed because no one can pay them.
low capital income
Subtopic
the country does not make a whole lot of money has a low commodity output

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