Distinguish between development and developing countries.
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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. ... In developed countries, the birth rate and death rate are low, whereas in developing countries both the rates are high.
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Developed country.
1) A country having an effective rate of industrialization and individual income is known as Developed Country.
2) Unemployment and Poverty Low.
3) Rates Infant mortality rate, death rate and birth rate is low while the life expectancy rate is high.
4) Growth High industrial growth.
5) Factors of Production Effectively utilized.
Developing country.
1) Developing Country is a country which has a slow rate of industrialization and low per capita income.
2) Unemployment and poverty High
3) Rates High infant mortality rate, death rate and birth rate, along with low life expectancy rate.
4) Growth They rely on the developed countries for their growth.
5) Factors production ineffectively utilizied.
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