Difference between a developing nation and devloped nation
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The two categories are developed nations and developing nations. Developed nations are generally categorized as countries that are more industrialized and have higher per capita income levels. ... Developing nations are generally categorized as countries that are less industrialized and have lower per capita income levels.
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1:- developed nations, which can generally be categorized as countries that are more industrialized and have higher per capita income levels. To be considered a developed nation, a country generally has a per capita income around or above $12,000
2:-developing nations, which is a broad term that includes countries that are less industrialized and have lower per capita income levels. Developing nations can be divided further into moderately developed or less developed countries.
Moderately developed countries have an approximate per capita income of between $1,000 and $12,000.