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Depends on who you are talking too and what you want to convey.
In the 1950s the terms were "1st world" vs "3rd world". Then "developed" vs. "developing" in recent decades. In the past 10 years there was a push to do away with the euphemisms and use "rich" vs "poor", but I don't think it stuck.
What else can I help you with?
Is India considered rich or poor?
Though India is developing it is still a LEDC (Less economically developed Country) and is considered a comparatively poor country.
Is bhutan a rich or poor country?
Bhutan is a poor country.
Why there is a huge gap between rich and poor in developing country?
Due to lack of financial resources there is a huge gap between rich and poor developing country.
Is Brazil a rich country or a poor country?
Brazil is a developing nation and good in economy compared to India.. all its industries are booming in different sectors and fields very soon will be a developed country and becomes richest in rich
Is Iraq developed or developing country?
Iraq is a developing country, beause if is poor, beacuse of the population and because of it economy
Why is India a rich country?
India is still under the category of developing countries, its not yet a developed country!
Is life in Korea poor or rich?
South Korea is Rich. The country is a developed country. (North Korea is very, very poor because of its style and history of government).
What are the names for rich and poor countries?
"Developed countries" are typically used to describe rich or high-income countries, while "developing countries" or "less developed countries" are terms used to describe poor or low-income countries.
Is Venezuela a developed or developing country?
Its a ' developing' country because the people there are either extremely rich, benefiting from the oil, or very poor who have less money from the oil. Its a fact that about 30% Venezuelans live on $2 a day! Also, Venezuela is one of the corrupt country in the world with no law regulation.
Is India a rich country or a poor country?
Belive it or not India is a rich country. Some small parts all poor but same in the US. Louisana is poor. India has many intresting things. I think its pretty intresting. --Kimberlychic
Why are some countries are rich and some countries are poor?
because the rich country is a developed country, has better health care/education/communication etc. and has better per capita income but the poor countries aren't.
Why do you think some people are rich and some are poor explain?
it depends on whether they are in a more economic developed country (MEDC) or a less economic developed country (LEDC)
