Question

essay on developed,developing and underdeveloped

Answer 1

Countries are divided into two major categories by the United Nations, which are developed countries and developing countries. The classification of countries as a Developed and Developing country is based on economic status like GDP, GNP, per capita income, industrialization, standard of living, etc. Developed Countries is a country which provide free, healthy and secured atmosphere to live but the countries which lacks the same is known as Developing Countries. In economics, underdevelopment is when resources are not used to their full socio economy  potential, with the result that local or regional development is slower in most cases than it should be. Furthermore, it results from the complex interplay of internal and external factors that allow less developed countries only a lop-sided development progression. Underdeveloped nations are characterized by a wide disparity between their rich and poor populations, and an unhealthy balance of trade.Symptoms of underdevelopment include lack of access to job opportunities, health care, drinkable water, food, education and housing