1) Low GDP
2) An Agricultural Economy
3) Poor Health Conditions
4) Low Literacy Rate
5) Rapid Population Growth
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.
outsourcing replaces workers in developed nations with workers in developing nations
The large nations have more developed economies
Because most of the developed nations of the world are highly industrialized
outsourcing replaces workers in developed nations with workers in developing nations
The characteristics in the box likely describe developed nations. These nations are usually characterized by high levels of industrialization, infrastructure, technological advancement, and overall economic prosperity. They also tend to have stable political systems, high living standards, and strong social welfare programs.
The least-developed countries in Europe are located in Eastern Europe. The five least-developed nations are Moldova, Macedonia, Ukraine, Bosnia and Herzegovina, and Albania, who are all located in Eastern Europe.
More people live in developing nations than in developed nations. Developing nations have larger populations due to higher birth rates, lower life expectancies, and less access to education and healthcare compared to developed nations.
The small nations are less active in global trade or The small nations have much poorer economies. The large nations have more developed economies.
Because most of the developed nations of the world are highly industrialized
Jobs in service and information industries are on the increase in developed nations.
The theory that divides nations into core, semi-periphery, and periphery nations is known as World-Systems Theory, developed by sociologist Immanuel Wallerstein. Core nations are economically dominant and technologically advanced, while peripheral nations are less developed and often exploited for resources. Semi-peripheral nations fall in between, exhibiting characteristics of both core and peripheral countries. This framework helps to analyze global inequalities and the dynamics of economic and political power.