what is the main difference between developed nation and developing nation?
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The United Nations has divided countries into developed and developing countries.
The countries that are developing are the ones which do not have a good economy but improving to make space in the world. They have low industrialization.
Developed countries however are the ones which are already done with the improvement. They have a stable economy and do not need further development until anything new is invented. Adding to the above, they possess great technological infrastructure.
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The main difference is the state of industrialization and the developedness of the economy. Developed countries have post-industrial economies, meaning the service sector provides more wealth than the industrial sector.
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