Why are countries of the middle East not called developed in spite of High per capita income?
Answers
Answer:
The countries of the Middle East are not called developed in spite of high per capita income because of the following reasons.
1) Middle Eastern countries have become rich only with the resources available and they have high per capita income due to the oil production. So, they have only one major source of income.
2) Although, these countries have very high per capita income, but there is unequal distribution of wealth. The gap between the rich and the poor is very high in these countries.
3) High per capita income alone is not a criterion of a developed nation as there are many other non-materialistic valuable things like equality, freedom, security. Without these things, development of a country is not possible.
4) These countries are not considered developed because they lack other basic facilities such as health care and education. Without these basic facilities people of a country cannot contribute much to the national income and thus no development takes place.
Answer:
The countries of the Middle-East may have very high per capita income due to revenues from crude oil, but they are otherwise not developed in each sector (except Israel).
1) Their literacy rate, life expectancy at birth and other similar parameters do not match those of developed countries of the West.
2) The probable reason is that they have become rich nations recently due to the sharp increase in the price of oil, but their society has not developed accordingly.
3) Most of the wealth is accumulated in a few hands, so, the society has widespread inequality.