Answer: Nepal is one of the least industrialized and underdeveloped country having an unequal distribution of income. It is so due to poverty, illiteracy, traditional agricultural practice, low investment, low productivity, less industries and deficit trade. Here, 50 percent people are under poverty line.The economy is heavily dependent on imports of basic materials and on foreign markets for its forest and agricultural products. Nepal imports essential commodities, such as fuel, construction materials, fertilizers, metals, and most consumer goods, and exports such products as rice, jute, timber, and textiles.
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