Discuss the salient features of Third world countries?

1.	Discuss the salient features of Third world countries?
Answer» Answer: characteristics: multistructural nature of the economy with various forms of ownership, including archaic (tribal, communal); specialization in the international division of labor MAINLY in the production of raw materials; SIGNIFICANT dependence on FOREIGN capital; the influence of traditional institutions in the economy; the HIGH population GROWTH, poverty, and unemployment rates. HELLO...

Answer»

Answer:

characteristics: multistructural nature of the economy with various forms of ownership, including archaic (tribal, communal); specialization in the international division of labor MAINLY in the production of raw materials; SIGNIFICANT dependence on FOREIGN capital; the influence of traditional institutions in the economy; the HIGH population GROWTH, poverty, and unemployment rates.

HELLO...

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Discuss the salient features of Third world countries?​

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Discuss the salient features of Third world countries?