mention the difference between development and developing nation
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Answer:
developed nation is the one which already financially strong. it has invested a lot in human capital and has already grown on a large scale
developing country Is still making projects to increase the GDP of the country. it is under progression
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 .
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.