Q1. Differentiate between developed, developing and under-developed countries. (Answer in 50 words.)
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Explanation:
Developed nations are generally categorized as countries that are more industrialized and have higher per capita income levels. ... Developing nations are generally categorized as countries that are less industrialized and have lower per capita income levels.
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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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