Characteristics and Institutions of Developing Countries
PPSCFPSCNTSPakistan govt jobs
- Subject
- Characteristics and Institutions of Developing Countrieseconomics-mcqs › characteristics-and-institutions-of-developing-countries
- Published
- 2 Jun 2019
- Last updated
- 28 May 2026
Browse all Characteristics and Institutions of Developing Countries MCQs →
In low-income nations, how much surplus does the typical farming household generate?
Multiple choice question for Characteristics and Institutions of Developing Countries. Select an option, then review the explanation below.
Explanation
In low-income countries, the average agricultural family produces just enough surplus to sustain a limited non-agricultural community, rather than a large number of additional families.
More Characteristics and Institutions of Developing Countries MCQs
Practice related questions from the same subject.
- 1.What characteristic sets a dual economy apart from other types of economies?
- 2.What defines a dual economy in a country?
- 3.What is the ratio between the population density of developing nations and the total population of developed nations?
- 4.If the real income of Developing Island rises from $120,000 in 2005 to $160,000 in 2006, and its population grows from 1,000 to 1,100 during that time, approximately how much did the real income per person increase?
- 5.Identify the country from the list below that is classified as a middle-income nation rather than a high-income one.