advantages and disadvantages of developed countries &
advantages and disadvantages of developing countries
Answers
There are several advantages to developing countries that participate in free trade.
1) Higher Employment Rates. ...
2) Less Child Labor. ...
3) Access to New Markets. ...
4) Higher Levels of Investment Capital. ...
5) Increased Life Expectancy
Disadvantages of developing countries
1) Lack of quality healthcare or quality health care is really expensive
2) Lack of rule of law
3) Inability or difficulty to do business or own property as a foreigner
4) Police and state corruption
5) Dangerous traffic and/or horrible crime situation
6) Things not working and people being really lazy and incompetent to fix them
Poor quality of local food while import food is very expensive
advantages of developed countries
Developed countries, which feature more productive agricultural sectors, higher value-added services and manufacturing sectors, and higher per capita consumption, accrue certain types of benefits from the rapid structural changes that are currently affecting the system.
Disadvantages of developed countries.
1)Lack of quality healthcare or quality health care is really expensive.
2) Lack of rule of law.
3) Inability or difficulty to do business or own property as a foreigner.
4) Police and state corruption.
5)Dangerous traffic and/or horrible crime situation.