what is development in your country?
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Share resources Obviously, the fewer resources an average family uses, the lower the nation's ecological footprint.
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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.
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.
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