Social Sciences, asked by uniqueu963, 2 months ago

define developed and least developed countries and differentiate between them

Answers

Answered by shalumurmu83
2

Answer:

Least developed countries (LDCs) are low-income countries confronting severe structural impediments to sustainable development. They are highly vulnerable to economic and environmental shocks and have low levels of human assets.

Whereas,

A developed country—also called an industrialized country—has a mature and sophisticated economy, usually measured by gross domestic product (GDP) and/or average income per resident. Developed countries have advanced technological infrastructure and have diverse industrial and service sectors.

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