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What is the socioeconomic difference between developed and underdeveloped nations?
Wiki User
∙ 9y ago
Underdeveloped nations have labor forces with poor skills and low labor productivity. There is a poor infrastructure of roads, bridges and this restricts production of good and services. There is a lack of educational facilities and the banking system is primitive. Democracy is usually not practices and their is a poor political framework. Developed countries have a highly skilled and educated labor force. there is an advanced infrastructure, advanced banking systems and numerous educational institutions. They have established democracies and stable political systems.
Wiki User
∙ 9y ago
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What is the difference between an less economically developed country and an more economically developed country?
difference between life expectancy in developed and underdeveloped countries
Difference between developed and underdeveloped political societies?
Most of the developed political societies are democratic while the underdeveloped political societies are usually dictatorial in nature.
What is the difference between developed nations policy and underdeveloped countries policy?
the ability to organize.
What is the relationship between energy usage and developed underdeveloped countries?
The relationship between energy usage and developed underdeveloped countries is that energy consumption is greater in developed countries than in underdeveloped countries. This may indicate that there is a strong link between energy consumption and economic development.
What is the difference between socioeconomic status and social class?
i think there is no difference between two concepts.
What is the difference between a developed and an underdeveloped nation?
Developed nations have a high standard of living, advanced infrastructure, and a strong economy, while underdeveloped nations often face poverty, inadequate infrastructure, and limited access to resources and services. Developed nations typically have higher levels of education, healthcare, and technology, while underdeveloped nations may struggle with issues like food insecurity, low life expectancy, and political instability.
What is the difference between a round character and a flat character?
A round character is a character that is well developed, they are often main characters while flat characters are characters that are underdeveloped and just usually fill the story.
What is one way that underdeveloped nations can increase growth in Gross Domestic Product?
Studies conducted by economists at the Federal Reserve Bank of New York indicate that under developed nations can benefit and increase their GDP by importing high technology products from developed nations. As a whole, trade between less developed nations and underdeveloped ones, have resulted in economic benefits for less developed nations.
What is Huge difference between developed developing?
Developed is completed. Developing is in the process.
What is the difference between more developed countries and less developed countries?
Development.
What is the Difference between developed and under developed countries?
Underdeveloped countries are the ones which could not develop to the full potential. Development is necessarily seen as the growth path followed by Western countries. Hence, development in this context is in the perspective of modern v/s traditional or western v/s traditional comparison between countries. Underdeveloped countries usually have a large percentage of the population engaged subsistence agriculture or working on large plantations. Subsistence agriculture is raising crops for family use with little, if any, of the crop sold. Underdeveloped countries, a small percentage of the population is engaged in manufacturing and industry. Developed countries usually have a large percentage of the population engaged in manufacturing and industry. A very small percentage of the population is engaged in subsistence agriculture. Those engaged in agriculture raise crops to sell products. This type of agriculture is called commercial agriculture. The difference is developed countries are fortunate and under developed countries are not. The difference between Canada and Africa perhaps would be a good example
What is the difference between America and Swaziland?
America is more developed country
