It is one of the Stages of Economic Growth where agriculture becomes more mechanized

Foreign investors may take their money out of the country

It has a huge effect on the country's economic growth and development potential.

It is one of the Stages of Economic Growth where manufacturing industry assumes greater importance.

It is likely to achieve lasting satisfaction of human needs and improvement of the quality of life

Under development is due to the unequal pattern of ownership of resources between the poor and the rich countries

Make a country less attractive to foreign direct investments

The product of economic development

Economically valuable information could be appropriated without compensation by competitive rivals

Under financial barriers adults globally do have access to formal financial services

Idea of self reliant development with natural resource constraints genuine development concept is one that does not decay the natural resources

Improving human capital is vital for development

Poor infrastructure hits labor productivity and ability to adapt to new technologies which can keep wages down

PCI stands for per capita income