- 8 Marks
PSAF – Nov 2015 – L2 – Q6a – Introduction to Public Sector Accounting
Describe key characteristics of a developing economy with reference to Nigeria.
Question
In spite of the abundant human and natural resources with which Nigeria is endowed, the country is conspicuously listed among developing countries of the world. In light of the foregoing:
a. Explain FOUR features of a developing economy with particular reference to Nigeria.
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