Give at least five differences between developed and developing economies
Answers
Answered by
4
Answer:
A developing country, also called a less-developed country, is a nation with a lower living standard, underdeveloped industrial base, and low Human Development Index (HDI) relative to other countries. ... A developed economy refers to a country with a relatively high level of economic growth and securit........
please mark as BRAINLIEST ANSWER AND FOLLOW ME PLZZZZZZZ PLZZZZZZZ......
Answered by
7
Developed economic:
☆More average income, higher per capita income and better standard of living.
☆The standard of living in developed countries is generally very high.
☆People of the developed countries avail the services of public facilities.
☆Literacy rate is quite high due to better education system.
☆Life expectancy rate is more due to better standard of living.
Developing economic:
☆Low average income, less per capita income and not good standard of living.
☆The standard of living in developing countries is normally not very high.
☆ Most of the people in developing countries are deprived of facilities.
☆Literacy rate is quite low as people are deprived of education facilities.
☆The standard of living in developing countries is normally not very high.
I HOPE IT HELPS. ☺FOLLOW ME ✌
Similar questions