concept   economy
culture   developing countries
statement   The economy in developing countries is characterized by informal sectors, poverty, inequality, and challenges in accurately measuring wealth and quality of life.
4 similar statements
# Concept Culture Statement Freq.
1 economist Developing countries Economists may not have as prominent a public presence and their influence on economic policy may be less pronounced. 1
2 economy Developing countries The informal economy and subsistence farming are major components of the economy. 1
3 economy developing countries Struggling with poverty and inequality, the economy is often a source of hardship and instability. 1
4 gdp per capita Developing countries GDP per capita may not accurately reflect the distribution of wealth and quality of life for the population. 1