Analyse the immediate and the long term changes that might occur in developing countries
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Immediate changes in a developing country can be seen in terms of improvement in the standard of life, more goods, and services, etc.
Explanation:
- When a country is moving from a developing to a developed country, a number of changes take place.
- The resources are used at a faster rate.
- More people get what they desire.
- In the short term, various changes such as increasing incomes, improved quality of life, etc are experienced by people.
- However, in long term, the income becomes stable.
- The quality of life is also stabilized at a certain standard.
- The use of resources is minimized as the maximum potential of the country has been reached.
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