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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.

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Madalyn Pagac

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2y ago

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