Question

What do you understand by a developed country?

I need NCERT Book Answer​

Answer 1

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ᴀ ᴅᴇᴠᴇʟᴏᴘᴇᴅ ᴄᴏᴜɴᴛʀʏ—ᴀʟsᴏ ᴄᴀʟʟᴇᴅ ᴀɴ ɪɴᴅᴜsᴛʀɪᴀʟɪᴢᴇᴅ ᴄᴏᴜɴᴛʀʏ—ʜᴀs ᴀ ᴍᴀᴛᴜʀᴇ ᴀɴᴅ sᴏᴘʜɪsᴛɪᴄᴀᴛᴇᴅ ᴇᴄᴏɴᴏᴍʏ, ᴜsᴜᴀʟʟʏ ᴍᴇᴀsᴜʀᴇᴅ ʙʏ ɢʀᴏss ᴅᴏᴍᴇsᴛɪᴄ ᴘʀᴏᴅᴜᴄᴛ (ɢᴅᴘ) ᴀɴᴅ/ᴏʀ ᴀᴠᴇʀᴀɢᴇ ɪɴᴄᴏᴍᴇ ᴘᴇʀ ʀᴇsɪᴅᴇɴᴛ. ᴅᴇᴠᴇʟᴏᴘᴇᴅ ᴄᴏᴜɴᴛʀɪᴇs ʜᴀᴠᴇ ᴀᴅᴠᴀɴᴄᴇᴅ ᴛᴇᴄʜɴᴏʟᴏɢɪᴄᴀʟ ɪɴғʀᴀsᴛʀᴜᴄᴛᴜʀᴇ ᴀɴᴅ ʜᴀᴠᴇ ᴅɪᴠᴇʀsᴇ ɪɴᴅᴜsᴛʀɪᴀʟ ᴀɴᴅ sᴇʀᴠɪᴄᴇ sᴇᴄᴛᴏʀs.❤

Answer 2

Answer:

I hope this helps you

Explanation:

world Bank follows the following criteria in categories rich and low income countries

average income and per capita income

rich countries: contries which have per capita income of 12,236 dollers per annum

low income countries: countries which have per capita income less than 1005 dollars are called low income countries.

limitations:

distribution of income

purchasing power of each country

education

health facilities

infrastructure facilities