Developed countries have high levels of living standards. The characteristics they share are: a high GDP or gross domestic product per capita, industrialization and a very high Human Development Index or HDI rating.
A developed country is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. A lot of parameters are taken into account to evaluate the degree of development in a particular country. Countries with developed economy usually have high income per capita and a high Human Development Index (HDI). These countries also have high gross domestic product (GDP) per capita.
Countries that were colonized by European nations had the benefit of a military presence that less developed nations did not have access to. However, these same nations had to fight for independence from the colonizing nation to benefit from the resources that were previously taken away and sent to the homeland.
A. Human Development Index ranking
Developing nations are generally poorer and have more people making less then minimum wage. Developed countries are richer, have relief programs for the poor and less poverty. the income level of standard living
Developed countries have high levels of living standards. The characteristics they share are: a high GDP or gross domestic product per capita, industrialization and a very high Human Development Index or HDI rating.
Another way of putting it would be "Developed Countries". There is much debate about the criteria used to determined what countries are or have reached development. Some considered criteria would be Economic, GDP (gross domestic product), Industrialization and HDI (human development index).For more information:Please see related link below!
A developed country is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. A lot of parameters are taken into account to evaluate the degree of development in a particular country. Countries with developed economy usually have high income per capita and a high Human Development Index (HDI). These countries also have high gross domestic product (GDP) per capita.
Africa has the greatest number of least-developed countries. These countries are characterized by low income, weak human development indicators, and high economic vulnerability. Africa is home to many nations facing challenges in terms of development and poverty alleviation.
Countries that were colonized by European nations had the benefit of a military presence that less developed nations did not have access to. However, these same nations had to fight for independence from the colonizing nation to benefit from the resources that were previously taken away and sent to the homeland.
A. Human Development Index ranking
Actually industries in developed and under -developed nations are beginning to look similar. This revolves around the fact that all nations recognize the value in developing high technology industries. The difference here, however, is that the developed nations have their own home grown high technology companies and underdeveloped nations are bringing in high technology companies from developed nations to help them by forming technology industries. This involves software development and Internet based industries.
LEDCs are non-industrial nationsMedc's are industrialized nationsMEDC- MORE ECONOMICALLY DEVELOPED COUNTRIESLEDC- LESS ECONOMICALLY DEVELOPED COUNTRIES
Transitional countries tend to have age structures that share similarities with both least developed and most developed nations. They may have a large youth population like least developed nations due to high birth rates, while also experiencing an aging population characteristic of most developed nations as life expectancy increases. This mix of demographic features highlights the complex and dynamic nature of transitional countries as they navigate economic and social development.
Many countries are destroying the ozone. The developed nations are on top.
The largest difference between a developed and developing country is the value of productive economic activity as expressed in its standard of living. A key to modern development is the use of technology by the people. A developed country has more advanced technology. One needs to examine the Standard of Living to determine whether a country is developed or developing. This would be determined by looking at the Life Expectancy, Literacy Rate, and Gross Domestic Product per capita. The United Nations has created a statistic called the Human Development Index (HDI) which indicates a country's level of development.
Belize is a developed country. Countries are described as developed countries when they have a developed economy, and an advanced technological infrastructure when compared to other developing nations.