Distinguish between developed and developing countries
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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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A developed country—also called an industrialized country—has a mature and sophisticated economy, usually measured by gross domestic product (GDP) and/or average income per resident
example countries
- Norway. According to the UN Development Report, Norway is the most developed nation in the world.
- Switzerland
- Germany
Developing countries
country with little industrial and economic activity and where people generally have low incomes:
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