Characteristics and Institutions of Developing Countries

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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

Which statement accurately describes the agricultural sector in low-income countries?

Multiple choice question for Characteristics and Institutions of Developing Countries. Select an option, then review the explanation below.

Choose the correct answer

Explanation

In low-income countries, the typical farming household produces only a modest surplus sufficient to sustain a small non-agricultural population. This reflects the limited scale of agricultural productivity relative to the overall population.

Practice related questions from the same subject.

  1. 1.What characteristic sets a dual economy apart from other types of economies?
  2. 2.What defines a dual economy in a country?
  3. 3.What is the ratio between the population density of developing nations and the total population of developed nations?
  4. 4.In low-income nations, how much surplus does the typical farming household generate?
  5. 5.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?

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