Question

Differentiate between Developed Countries and developing countries.

Answer 1

Answer:

Devoloped countries:The countries which are improved and does not need any improvement

Devoloping countries :The contries which still need improvement I.e., not developed

Answer 2

Answer:

Explanation:

BASIS FOR COMPARISON DEVELOPED COUNTRIES DEVELOPING COUNTRIES

Meaning A country having an effective rate of industrialization and individual income is known as Developed Country. Developing Country is a country which has a slow rate of industrialization and low per capita income.

Unemployment and Poverty Low High

Rates Infant mortality rate, death rate and birth rate is low while the life expectancy rate is high. High infant mortality rate, death rate and birth rate, along with low life expectancy rate.

Living conditions Good Moderate

Generates more revenue from Industrial sector Service sector

Growth High industrial growth. They rely on the developed countries for their growth.

Standard of living High Low

Distribution of Income Equal Unequal

Factors of Production Effectively utilized Ineffectively utilized

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