Economy, asked by nobel, 1 year ago

Why India is a developing country and the USA a developed country.

Give proper reason.

Answers

Answered by hetvi51
2
●THERE IS DIFFERENCE BETWEEN ENCONOMIC PROGRESS AND ECONOMIC GROWTH
•Economic progress :-
economic progress is quantitative and economic progress is the stage after economic development
•Economic development :-
economic development is qualitative and it is the first stage.
#@@#INDIA IS BEHIND AND IT IS A DEVELOPING NATIONS SINCE YEARS BCOZ OF THIS BELOW PROBLEMS :-
☆1) LESS PER CAPITA INCOME
☆2) POPULATION GROWTH
☆3) DEPENDENCE ON AGRICULTURE
☆4) UNEQUAL DISTRIBUTION OF INCOME
☆5) UNEMPLOYMENT
☆6) POVERTY
☆7) DUAL ECONOMY
☆8) INSUFFICIENT INFRASTRUCTURE FACILITIES
SO...... INDIA IS DEVELOPING NATION SCIENCE YRS#@@#
AND USA IS THE NATIONS WHICH IS PROGRESSED
♢HOPE THIS MUCH WILL HELP♢
♧PLZ MARK ME AS A BRAINLIST PLZ PLZ PLZ♧

nobel: Nice but.....would have some descriptive.
hetvi51: ya but if u want to write in short then u should write that there is technology difference between both countries
hetvi51: so India is a growing country and usa is a progressive country
nobel: then edit the question and make it descriptive and decorative.
hetvi51: kk wait it may take time
nobel: and thanks
hetvi51: hmm I have edited
nobel: nice ❤(ӦvӦ。)
hetvi51: thx
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