Economy, asked by smritisonakiya9, 8 months ago

what do you think India is developed, developing or undeveloped country

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Answered by murtaza80
0

Answer:

undeveloping country. it was developed country but now condition is bad

Answered by pranay9018
0

Answer:

scroll down for great answer

Explanation:

developing country (or a low and middle income country (LMIC), less developed country, less economically developed country (LEDC), medium-industrialized country or underdeveloped country) is a country with a less developed industrial base and a low Human Development Index (HDI) relative to other countries.[1] However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category.[2][3] A nation's GDP per capita compared with other nations can also be a reference point. In general, the United Nations accepts any country's claim of itself being "developing".

There are controversies over the use of this term which some feel it is perpetuating an outdated concept of "us" and "them".[4] In 2015, the World Bank declared that the "developing / developed world categorization" is becoming less relevant and that they will phase out the use of that descriptor. Instead, their reports with present data aggregations for regions, and for income groups.[3][5]

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.[6] Developing countries include, in decreasing order of economic growth or size of the capital market

and our india is a developing country bcoz our india is still growing population and for that population basic needs are required to every citizen of India so our india is a developing country

Jai Hind !

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