JAMB 2016 Economics · Question 45

The major characteristics of an undeveloped nation is

Options

  1. A.Over-dependence on foreign products
  2. B.Dominance of the industrial sector
  3. C.High per capita income
  4. D.Efficient and sensitive financial sector

Answer: A. Over-dependence on foreign products

Explanation written with AI and checked against the answer key

Step 1: Analyze the question The question asks for a major characteristic of an undeveloped (underdeveloped) nation. We need the option that describes a feature of a poor, low-income economy.

Step 2: Recall the concept Underdeveloped countries typically show:

  • Low per capita income
  • Heavy reliance on agriculture and primary products (raw materials)
  • Little industrialisation
  • Weak, underdeveloped financial and banking systems
  • High unemployment and underemployment
  • Rapid population growth and poor infrastructure
  • Over-dependence on foreign (imported) goods, technology and aid

Step 3: Test each option

  • A. Over-dependence on foreign products: This is a typical feature. Because such countries produce few manufactured goods at home, they import most of their consumer and capital goods. ✔
  • B. Dominance of the industrial sector: This describes a developed economy. In an undeveloped nation, agriculture dominates. ✘
  • C. High per capita income: This is a feature of developed nations. Undeveloped nations have low per capita income. ✘
  • D. Efficient and sensitive financial sector: This is also a feature of developed economies. Undeveloped nations have weak, inefficient financial systems. ✘

Step 4: Answer The correct option is A. Over-dependence on foreign products.

Exam tip: In "characteristics of an underdeveloped country" questions, eliminate any option containing positive words such as high income, efficient, or industrial dominance. Those describe developed economies. Remember the key words for underdevelopment: low income, agriculture, imports, poor infrastructure.

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