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In developing countries, are wages generally higher in urban or rural areas? Where is unemployment higher?

In developing countries, are wages generally higher in urban or rural areas? Where is unemployment higher?

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Answer #1

In developing, countries wages are more in the urban area whereas low wages in the rural area. This wage differentiation occurs due to regional imbalance development of the economy.

In the urban area, well-developed infrastructure specialty helps investors to invest in a business in an urban area compared to rural areas this makes rising the unemployment in rural areas.

The labors and business class people starting to concentrate on the urban area due to high wages and better opportunities.

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