Question

differentiate between devloped countries and devloping countries

Answer 1

The following are the major differences between developed countries and developing countries

The countries which are independent and prosperous are known as Developed Countries. The countries which are facing the beginning of industrialization are called Developing Countries

Developed Countries have a high per capita income and GDP as compared to Developing Countries. Eg. Nominal GDP per capita of Switzerland is $ 78,179 whereas the same for India is $1,850.

In Developed Countries the literacy rate is high, but in Developing Countries illiteracy rate is high.

Developed Countries have good infrastructure and a better environment in terms of health and safety, which are absent in Developing Countries.

Developed Countries generate revenue from the industrial sector. Conversely, Developing Countries generate revenue from the service sector.

In developed countries, the standard of living of people is high, which is moderate in developing countries.

Resources are effectively and efficiently utilized in developed countries. On the other hand, proper utilization of resources is not done in developing countries.

In developed countries, the birth rate and death rate are low, whereas in developing countries both the rates are high.

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Answer 2

The developed countries are those which are having economic strength and financial strength.

Ex:- USA

HDI does the work of classifying them into developed and developing....

Developing countries are those which have less economic and financial strength that those of developed.

Ex:- India.