Distinguish between a developing country and a developed country (3points)
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developed means that are already developed and developing means that are being developing
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Developing country:
1. In a developing country per capita income is low .
2.The standard of living is low.
3.The rate of captial formation is low.
Developed country:
1.In the developed country per capita income is high.
2.The standard of living is high.
3.The rate of capital formation is high .
1. In a developing country per capita income is low .
2.The standard of living is low.
3.The rate of captial formation is low.
Developed country:
1.In the developed country per capita income is high.
2.The standard of living is high.
3.The rate of capital formation is high .
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