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What is the ratio of people who live in economically developed countries to those who live in developed indutrialized countries?

80 % of the worlds population lives in countries that are economically developing. so it wud be 80:20


What are the difference of products sold by developing nation than those by developing countries?

Products sold by developed nations versus those solid developing nations are different in that those made in developing nations are cheaper and depending on the nation are inferior or sometime superior to the same product made in a developed nation. Developed nations have access to raw materials that may not be available in their own country, which can improve the products they can make for export. For example, China has access to copper and steel from the US and other countries. Recently, they purchased a US company, Smithfield Farms, that produces pork, which they need for their citizens. This is rapidly changing them from a developing country to a developed country. However, in doing so, they have ruined their environment and have limited the lives of their citizens to provide cheap labor. They have a way to go. India is another country that is on the rise, as their citizens become more educated in information technology and the medical fields.


What is income poverty?

Income poverty describes a person or family who lives on or below the minimum acceptable way of life. It's most likely to occur in people who have a low income. Women,disabled and lone parents are at higher risk of of being in income poverty. Changes in the economy,employment being terminated and low income can have a factor on income poverty.


How Luxury goods are price elastic?

Luxury products are elastic, in comparison to necessity products which are inelastic. Luxury goods are elastic because for a change in price there is a more than proportionate change in quantity. e.g. If the price of a luxury good increases, less people will purchase the good because it is not necessary in their lives - they can do without it.


What are the similarities of economic lives of ancient filipino and the modern Filipinos?

Both ancient and modern Filipinos share a reliance on agriculture as a foundational aspect of their economic lives, with rice and other crops being central to sustenance and trade. Additionally, both societies engage in various forms of barter and exchange, although modern Filipinos now also utilize currency and digital transactions. Family and community ties remain crucial in economic activities, fostering cooperation in both traditional and contemporary contexts. Lastly, both eras exhibit a blend of local and external influences shaping their economic practices.

Related Questions

Where do the one direction family live?

One Direction's family don't all live together. Zayn Malik's family lives in Bradford. Louis Tomlinson's family lives in Doncaster. Harry Styles' family the Milwards lives in Cheshire. Niall Horan's family lives in Mullingar, Ireland. Liam Payne's family lives in Birmingham.


Where is dre from making the band 4?

dre lives in Chicago ....with his family dre lives in Chicago ....with his family


What is hippie family?

Such family which lives beyond the way a typical family lives in a western culture. The hippie movement was most popular in 1960s


Cause of having a broken family?

There are a lot of reasons why family or families are broken but the most common reason is neither one of the couple being unfaithful to their partner, compromising the lives of their children.


Who in the royal family lives in Monaco?

The Monegasque Princely Family


Does Justin Bieber have family in Texas?

Justin Bieber doesn't have family in Texas, okay! Hes Canadian! He lives in Atlanta,GA! His family lives in Canada!


Where did Wilfred Owen family live for most of their lives?

Wilfred Owen's family lived in Shrewsbury, England for most of their lives.


What worm lives in grain products?

Magets I assume.


How does being brought up in a Christian family might affect children when they grow up?

n they will be better humans shun violence and crime in their lives.


What is the name family Paddington lives with?

The name of the family Paddington lives with is the Browns. The family consists of Mr. and Mrs. Brown, along with their two children, Judy and Jonathan.


Who lives with Demi Lovato?

her family


Where does Michael Jackson's family live in the US?

His family lives in California.