Question

What is the meaning of developed economy?

Answer 1

Answer:

meaning of developed country means the country which is developed .In this a country has low birth rate and low death rate . Because there is all the things to satisfy one's need.For example India is a developing country whereas US is a developed country.

Explanation:

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Answer 2

Answer:

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Countries with relatively high levels of economic growth and security are considered to have developed economies. If per capita gross domestic product is high but a country has poor infrastructure and income inequality, it would not be considered a developed economy.

✦ɪɴᴄʀᴇᴀsᴇ ɪɴ ɴᴀᴛɪᴏɴᴀʟ ɪɴᴄᴏᴍᴇ.

✦ᴄʜᴀɴɢᴇs ɪɴ ᴄᴏᴍᴘᴏsɪᴛɪᴏɴ ᴏғ ɴᴀᴛɪᴏɴᴀʟ ɪɴᴄᴏᴍᴇ.

✦ᴜᴘᴡᴀʀᴅ ᴛʀᴇɴᴅ ɪɴ ᴏᴜᴛᴘᴜᴛ.

✦ᴅᴇᴠᴇʟᴏᴘᴍᴇɴᴛ ᴏғ ᴀɢʀɪᴄᴜʟᴛᴜʀᴇ.

✦ᴄʜᴀɴɢᴇs ɪɴ ɪɴᴅᴜsᴛʀɪᴀʟ sᴄᴇɴᴀʀɪᴏ.

✦ɪɴᴄʀᴇᴀsᴇ ɪɴ ᴛʜᴇ ʀᴀᴛᴇ ᴏғ sᴀᴠɪɴɢ ᴀɴᴅ ɪɴᴠᴇsᴛᴍᴇɴᴛ.

✦ᴇxᴘᴀɴsɪᴏɴ ᴏғ ɪɴғʀᴀsᴛʀᴜᴄᴛᴜʀᴇ.

✦ᴅᴇᴠᴇʟᴏᴘᴍᴇɴᴛ ɪɴ sᴄɪᴇɴᴄᴇ ᴀɴᴅ ᴛᴇᴄʜɴᴏʟᴏɢʏ.

✦ᴘʀᴏɢʀᴇss ɪɴ ᴇᴅᴜᴄᴀᴛɪᴏɴᴀʟ ᴀɴᴅ ʜᴇᴀʟᴛʜ ғᴀᴄɪʟɪᴛɪᴇs