The GDP and standard of living have showed that countries that have done well over the past half-century, such as in South East Asia and some Latin American countries, have all been trade-oriented. The poor countries open to trade are doing better.
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
outsourcing replaces workers in developed nations with workers in developing nations
Developed Country: Industrialised countries that have a high economy and standard of living. Developing Country: A country that is poor and whose citizens are mostly agricultural workers; but want to become more advanced socially and economically.
burnn riubber 4
Profits for developed nations mean long hours and low pay for workers in developing nations. <----Nova Net
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
outsourcing replaces workers in developed nations with workers in developing nations
outsourcing replaces workers in developed nations with workers in developing nations
A developed country has access to Clean Water,Food, Healthcare, Shelter and Education were as a developing country does not. Hope I could help ;)
Developed Country: Industrialised countries that have a high economy and standard of living. Developing Country: A country that is poor and whose citizens are mostly agricultural workers; but want to become more advanced socially and economically.
developing nation african countries are still developing
The developing nations will have to wait for the financial flows from the developed countries.
burnn riubber 4
They want to reduce the cost of manufacturing by using inexpensive labor
Profits for developed nations mean long hours and low pay for workers in developing nations. <----Nova Net
Profits for developed nations mean long hours and low pay for workers in developing nations. <----Nova Net
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.