underdeveloped economy:
... the structure or condition of the production, development, distribution and management of material wealth of latent potential in a location; an economy that, although going through change or receiving attention, is considered not to be operating at its full potential.
Underdeveloped economies are likely to be seen by concerned outsiders as areas in need of socioeconomic development; i.e., a place where both social and economic factors should be addressed, for example, see comments about underdeveloped nations in the encyclopedia of NationMaster.com. Also, a resource paper by John L. Gallup is published online by the Center for International Development at Harvard University, Cambridge, MA titled Geography and Socioeconomic Development. See the .network definition of a geography.
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What is an underdeveloped economy?
The Enterprise and Economic Development Glossary definition of underdeveloped economy is at the top of this page (page up). Following are some suggestions of search phrases in case you want to query the Web to learn more about underdeveloped economies. The suggestions (in italics) are for copying with or without quotation marks, your choice, and pasting to the search engine below the search phrases.
| characteristics "underdeveloped economy" |
| underdeveloped countries |
| underdeveloped regions |
| "underdeveloped nations" |
| definition of underdeveloped nations |
| definition of "socioeconomic development" |
| "underdeveloped economy" socioeconomic development |
| "underdeveloped economy" socioeconomic sustainable development |
| underdeveloped "economic development" |
| underdeveloped enterprise "economic development" basic economy |
| underdeveloped enterprise "economic development" communities |
| definition of "enterprise and economic development" |
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