Question

Difference of developing and developed economy?

Answer 1

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. ... Moderately developed countries have an approximate per capita income of between $1,000 and $12,000, with an average

Definition: Developed Economy. Developed Economies are the countries that enjoy certain high standards. Such countries generally have a good infrastructure, stable economy with very high per capita income. The degree of development, industrialization and general standard of living for its citizens is very high. Economy.

Answer 2

developed economy :- IT INCLUDES COUNTRIES WHICH HAS HIGH ECONOMIC GROWTH AND WHOSE GDP(GROSS DOMESTIC PRODUCT ) IS HIGH ...
FOR EXAMPLE:- USA ,UK,RUSSIA



DEVELOPING ECONOGY:- IT INCLUDES THOSE COUNTRIES WHOSE ECONOMIC GROWTH OR YOU CAN SAY GDP IS INCREASING AT A RAPID SPEED .
FOR EXAMPLE:- INDIA,SRI LANKA ETC.