Question

what criteria is followed to differentiate between developed and developing country

Answer 1

The first economic category is developed nations, which can generally be categorized as countries that are more industrialized and have higher per capita income levels. To be considered a developed nation, a country generally has a per capitaincome around or above $12,000.

Answer 2

developed country refers to in the sovereign States whose economy has highly progressed and process great Technology infrastructure as compared to other Nation.

*) the countries which has low industrialisation and low human developed index are termed as developing country