find the diffrence between devloped, devloping and underdevloped nations
Answers
Answer:
Developed Countries refers to the soverign state, whose economy has highly progressed and possesses great technological infrastructure, as compared to other nations.
The countries with low industrialization and low human development index are termed as developing countries.
The following are the names of some developing countries: Colombia, India, Kenya, Pakistan, Sri Lanka, Thailand, Turkey.
Key Differences Between Developed and Developing Countries
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.
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.
Conclusion
There is a big difference between Developed Countries and Developing Countries as the developed countries are self-contained flourished while the developing countries are emerging as a developed country. Developing Countries are the one which experience the phase of development for the first time. If we talk about developed countries, they are post-industrial economies and due to this reason, the maximum part of their revenue comes from the service sector.
Developed Countries have a high Human Development Index as compared to Developing Countries. The former has established itself in all fronts and made itself sovereign by its efforts while the latter is still struggling to achieve the same.