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6. Characteristics of Developing Countries | Part 1 | Todaro and Smith Ch 2 | Development Economics|

In this video, we are starting our discussing the following :
1.What are the various characteristics of developing countries ?
2. Developing countries are not homogenous set of countries , there is ...
a lot of heterogeneity among them
3. Low levels of living, low human development, High levels of inequality and absolute poverty, higher population growth rates, greater social fractionalisation, larger rural population and rapid rural to urban migration

Reference : Todaro and Smith, Chapter 2
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