Question

What determines whether a country is developed or developing?

Answer 1

many types of development but you can see this line and understanding the development
The first economic category isdeveloped nations, which can generally be categorized ascountries that are more industrialized and have higher per capita income levels. To be considered a developed nation, acountry generally has a per capita income around or above $12,000.

Answer 2

A developing country (or a low and middle income country (LMIC), less developed country, less economically developed country(LEDC), or underdeveloped country) is a country with a less developed industrial baseand a low Human Development Index (HDI) relative to other countries.[2] However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category.[3] A nation's GDP per capita compared with other nations can also be a reference point.

The term "developing" describes a currently observed situation and not a changing dynamic or expected direction of progress. Since the late 1990s, developing countries tended to demonstrate higher growth rates than developed countries.[4] Developing countries include, in decreasing order of economic growth or size of the capital market: newly industrialized countries, emerging markets, frontier markets, least developed countries. Therefore, the least developed countries are the poorest of the developing countries.

Developing countries tend to have some characteristics in common. For example, with regards to health risks, they commonly have: low levels of access to safe drinking water, sanitation and hygiene; energy poverty; high levels of pollution (e.g. air pollution, indoor air pollution, water pollution); high proportion of people with tropical and infectious diseases (neglected tropical diseases); high number of road traffic accidents. Often, there is also widespread poverty, low education levels, inadequate access to family planningservices, corruption at all government levels and a lack of so-called good governance. Effects of global warming (climate change) are expected to impact developing countries more than wealthier countries, as most of them have a high "climate vulnerability".[5]

The Sustainable Development Goals, by the United Nations, were set up to help overcome many of these problems. Development aid or development cooperation is financial aidgiven by governments and other agencies to support the economic, environmental, social and political development of developing countries.