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Features of development policy?
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Features of development policy?
Common Characteristics of Developing Economies

Low per capita real income. Low per capita real income is one of the most defining characteristics of developing economies. ...

High population growth rate/size. ...

High rates of unemployment. ...

Dependence on primary sector. ...

Dependence on exports of primary commodities.

The most cherished elements involved in a good plan are as under:

(i) Definite Objective:

(ii) Central Planning Authority:

(iii) Democratic Character:

(iv) Only an Advisory Role of Planning Commission:

(v) Comprehensiveness:

(vi) Planning for Consumption:

(vii) Rational Allocation of Resources:
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Features of development policy?
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