ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A nation that has a low level of material well-being is known as ____
A
Developed Nation
B
Less Developed Country
C
First World Country
D
Highly Developed Nation
Explanation: 

Detailed explanation-1: -Least developed countries (LDCs) are low-income countries confronting severe structural impediments to sustainable development. They are highly vulnerable to economic and environmental shocks and have low levels of human assets.

Detailed explanation-2: -a country that is less developed economically than most others, with little industry and little money spent on education, health care, etc.: The money is earmarked for shares of companies in underdeveloped countries.

Detailed explanation-3: -Afghanistan. Angola. Bangladesh. Benin. Bhutan. Burkina Faso. Burundi. Cambodia. More items

There is 1 question to complete.