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How do low income countries today differ from developed countries in their earlier stages?
Wiki User
∙ 10y ago
physical and human resources endowments, per capita incomes and levels of GSP in relation to the rest of the world, climate, population size distribution and growth, historic role of international migration, international trade benefits, basic scientific and technological research development capacities and efficacy of domestic institutions.
Wiki User
∙ 10y ago
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Which economic parameter is used to classify the countries into developed and under developed?
per capita income is the = economic parameter which is used to classify the countries into developed and under developed =
What is a main difference between developed countries and developing countries?
The income level and standard of living
What is the main difference between developed countries and developing countries?
The income level and standard of living
What is the difference between developed country and developing countries?
The income level and standard of living
What is the per capita income in more developed countries?
RankCountriesAmount# 1United States:$9,780,000,000,000.00# 2Japan:$4,520,000,000,000.00# 3Germany:$1,940,000,000,000.00# 4United Kingdom:$1,480,000,000,000.00# 5France:$1,380,000,000,000.00# 6China:$1,130,000,000,000.00# 7Italy:$1,120,000,000,000.00# 8Canada:$682,000,000,000.00# 9Spain:$588,000,000,000.00# 10Mexico:$550,000,000,000.00# 11Brazil:$529,000,000,000.00# 12India:$477,000,000,000.00# 13Netherlands:$390,000,000,000.00# 14Australia:$386,000,000,000.00# 15Switzerland:$277,000,000,000.00# 16Argentina:$260,000,000,000.00# 17Russia:$253,000,000,000.00# 18Belgium:$245,000,000,000.00# 19Sweden:$226,000,000,000.00# 20Austria:$195,000,000,000.00
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.
Which economic parameter is used to classify the countries into developed and under developed?
per capita income is the = economic parameter which is used to classify the countries into developed and under developed =
What single characteristic separates more developed countries from less developed countries?
Good economy activity, And money (country income)
What is a main difference between developed countries and developing countries?
The income level and standard of living
What is the main difference between developed countries and developing countries?
The income level and standard of living
What is the main different between developed countries and developing countries?
The income level and standard of living
Why are devoloping countries different?
Developing countries differ from developed countries in terms of their economic, social, and political development. Developing countries often face challenges such as poverty, inadequate infrastructure, limited access to education and healthcare, and political instability. These factors contribute to disparities in income, living standards, and overall quality of life between developing and developed nations.
What is the difference between developed country and developing countries?
The income level and standard of living
What is the main difference between developing countries and developed country?
The income level and standard of living
How many developed countries are there in the world?
There are approximately 38 developed countries in the world, as determined by criteria such as high income, advanced infrastructure, and high standard of living. These countries include the United States, Canada, Japan, Germany, and Australia, among others.
What percent of countries in the world are developed?
Approximately 16% of countries in the world are considered developed, based on criteria such as high income, industrialization, and advanced technological infrastructure. These countries typically have high standards of living, advanced healthcare systems, and well-established education and legal systems.
Is the US a Major Developed Country or a Lesser Developed Country?
Those countries with annual income of 4,53,000 are called rich or developed country. SO,Usa is a developing country because the per capita income of this country is more than 4,53,000 per annum. India is an undeveloped country because its per capita income is 28,000 per annum.
