Important features of developing countries: Dependency on agricultural sector: Agriculture is the major source of income in developing countries. A large section of population earns living through agriculture. read more
Important features of developing countries: Dependency on agricultural sector: Agriculture is the major source of income in developing countries. A large section of population earns living through agriculture. Some countries like Nepal, Bhutan, Madagascar don't have sufficient land for agriculture, hence they are dependent on service sector. read more
Lack of infrastructural development is a common feature of underdeveloped countries. In respect of transportation, communication, generation and distribution of electricity, credit facilities, social overheads etc. these countries are very much backward than most of the developed countries. read more