Question

write short notes on developing countries and developed countries​

Answer 1

Answer:

A developing country is a country with a less developed industrial base and a low Human Development Index (HDI) relative to other countries.[1] However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category.[2][3] The term low and middle-income country (LMIC) is often used interchangeably but refers only to the economy of the countries. The World Bank classifies the world's economies into four groups, based on Gross National Income per capita: high, upper-middle, lower-middle, and low income countries. Least developed countries, landlocked developing countries and small island developing states are all sub-groupings of developing countries. Countries on the other end of the spectrum are usually referred to as high-income countries or developed countries.

Answer 2

$\large \textbf \blue{\underline{\underline{Developing Countries \: \: \: } \: \: \: \: }}$

$\small \text \blue{\underline{A \: \: \: developing \: \: \: country \: \: \: is \: \: a \: \: country \: \: with \: \: a}} \\ \small \text \blue{\underline{less \: \: \: developed \: \: \: industrial \: \: \: \: \: \: base \: \: \: \: and \: \: \: a low}} \\ \small \text \blue{\underline{Human \: \: Development \: \: Index \: \: \orange{(HDI)} \: \: relative \: to}} \\ \small \text \blue{\underline{other \: \: countries. \: \: \: However, \: \: \: this \: \: \: definition \: \: is}} \\ \small \text \blue{\underline{not \: \: universally \: \: agreed \: \: upon. \: \: There \: is \: also no}} \\ \small \text \blue{\underline{clear \: \: \: agreement \: \: \: on \: \: which \: \: \: countries \: \: fit \: this}} \\ \small \text \blue{\underline{category. \: \: \: The \: \: \: \: term \: \: low \: \: and \: \: middle-income}} \\ \small \text \blue{\underline{country \: \: \: \: (LMIC) \: \: is \: often \: used interchangeably}} \\ \small \text \blue{\underline{but \: \: \: \: refers \: \: only \: \: \: \: to \: \: \: the \: \: \: \: economy \: \: \: \: \: of \: \: \: \: the}} \\ \small \text \blue{\underline{countries. \: The \: World Bank \: classifies \: the world's}} \\ \small \text \blue{\underline{economies \: \: into \: \: four \: \: groups, \: \: \: \: based \: \: on \: \: Gross}} \\ \small \text \blue{\underline{National \: Income \: per \: capita: high, \: upper-middle,}} \\ \small \text \blue{\underline{lower-middle, \: \: and \: low \: \: income \: countries. \: \: Least}} \\ \small \text \blue{\underline{developed \: \: \: \: \: countries, \: \: \: \: landlocked \: \: \: \: \: developing}} \\ \small \text \blue{\underline{countries and small island developing states are all}} \\ \small \text \blue{\underline{sub-groupings \: of \: developing \: countries. Countries}} \\ \small \text \blue{\underline{on \: \: \: the \: \: \: other \: \: \: end \: \: of the \: spectrum \: are usually}} \\ \small \text \blue{\underline{referred \: to as \: high-income \: countries or developed}} \\ \small \text \blue{\underline{countries. \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: }}$

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$\large \bf\green{ \underline{ \underline{Developed \: \: \: Countries \: \: \: } \: \: \: \: \: } \: }$

$\small \text \green{\underline{A \: \: developed \: \: \: country—also \: \: called \: \: \: an}} \\ \small \text \green{\underline{industrialized country—has a mature and}} \\ \small \text \green{\underline{sophisticated economy, usually measured}} \\ \small \text \green{\underline{by gross domestic product \orange{(GDP)} and/or}} \\ \small \text \green{\underline{average \: \: income \: \: per resident. Developed}} \\ \small \text \green{\underline{countries \: \: have \: \: advanced \: \: technological}} \\ \small \text \green{\underline{infrastructure and have diverse industrial}} \\ \small \text \green{\underline{and service sectors. \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: }}$

$\small\text\pink{\underline{In \: \: \: the \: \: classification \: \: \: system, \: \: \: \: developed}} \\ \small\text\pink{\underline{countries \: \: are \: countries \: in \: the \: top \: quartile}} \\ \small\text\pink{\underline{of the HDI distribution. Developing countries}} \\ \small\text\pink{\underline{consists \: of countries \: in the high \: group \orange{(HDI}}} \\ \small\text\pink{\underline{\orange{percentiles \: \: \: 51-75)}, \: \: \: \: medium \: \: \: group \: \orange{(HDI}}} \\ \small\text\pink{\underline{\orange{percentiles \: 26-50)}, \: \: and \: the low \: group \: with}} \\ \small\text\pink{\underline{bottom quartile HDI. \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: }}$