Economy, asked by salman7240, 1 year ago

Why countries of middle east are not called developed inspite of higher per capita income?

Answers

Answered by rishirajsharma197
3

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. 

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