Question

What is the main difference between developed countries and developing countries apex?

Answer 1

BASIS FOR COMPARISONDEVELOPED COUNTRIESDEVELOPING COUNTRIESMeaningA country having an effective rate of industrialization and individual income is known as Developed Country.Developing Country is a country which has a slow rate of industrialization and low per capita income.Unemployment and PovertyLowHighRatesInfant mortality rate, death rate and birth rate is low while the life expectancy rate is high.High infant mortality rate, death rate and birth rate, along with low life expectancy rate.Living conditionsGoodModerateGenerates more revenue fromIndustrial sectorService sectorGrowthHigh industrial growth.They rely on the developed countries for their growth.Standard of livingHighLowDistribution of IncomeEqualUnequalFactors of ProductionEffectively utilizedIneffectively utilized

Answer 2

Developed countries are industrialized countries that have high per capita income levels while developing countries typically have limited industrialization and the per capita income level is very low