Sunday, September 21, 2008

Criteria Of Underdevelopment

The U.N experts have defined an underdeveloped country as one "in which per capita real income is low when compared with the percapita real incomes of U.S.A,canada and australia.
Eugene Staley defines underdevelopment as follows "A country characterized by mass poverty which is chronic and not the result of some temporary misfortune,and by some absolete methods of production and social organisation,which means that poverty is not entirely due to the poor natural resources and hence could presumbalybe lessend by methods already proved in other countries".

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