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Developed Countries- have a high per capita income, a lot a money and wealth, varied economy, high GDP, low infant mortality rates

Less Developed Countries/Developing Countries-have a poor government, low GDP, limited government, low levels of education, high infant mortality rates, very little money

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12y ago
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14y ago

developing countries may not have a set living standard yet

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Q: What are the problems when comparing living standards in developing countries and living standards in developed countries?
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Why do people migrate from Bangladesh to other countries?

As Bangladesh is a poor country over populated, jobs and living standards are bad. so they migrate via Bengal to India.


What percentage of the world's population makes more than 50 thousand dollars per year?

Some 5 %. But keep in mind that the equivalent of $ 50,000 would make you a middle-income earner in only the wealthiest Western countries such as the USA, but a top-income earner in all Third World countries. And even in many Western countries the average income is well below $ 50,000. It also has everything to do with a country's standards and cost of living. In many countries - certainly in the Third World - you can get by very nicely, with servants and all, on $ 20,000 a year or even less.


What is the difference between De Facto Standards and De Jure Standards?

What is the differences between de'jure and de'facto standards ?


What are standards of living?

they are food,shelter,water and love.


To what extent can the demographic transition model help us to understand future population trends in MEDCs?

The Demographic Transition Model' Does the DTM still provide a 21st century framework for looking at demographical change in countries which are experiencing development? To what extent is the tool really useful or should we make it obsolete?The "Demographic Transition" is a model that describes population change over time. It is based on an interpretation begun in 1929 of the observed changes, or transitions, in birth and death rates in industrialized societies over the past two centuries.Figure 1The term "model" means that it is an idealized, composite picture of population change in these countries. The model is a generalization that applies to these countries as a group but may not accurately describe all individual cases. Whether or not it applies, or should be applied to less developed societies today remains to be disputed.The DTM ( demographic Transition model ) (F.1) was first observed in the two centuries preceding 1950 in what are today's developed countries. Prior to the transition, these developed countries experienced high death rates matched by high birth rates, resulting in a relatively stable population size over time. But then improving living standards and public health measures caused death rates to drop, followed by a gradual drop in birth rates, which by the 1970s once again matched death rates. Between the onset-of-mortality decline and the drop in birth rates, population surged in developed countries, actually quadrupling. But the original 4 stages are over, and most developed countries are now projected to experience population shrinkage in the future (stage 5 see f.1). This historical evidence has proved so far that countries that have experienced industrial change have gone through the stages of the transition model; these countries are mainly in Europe and North America.Figure 2After observing these changes in countries like Britain and Germany Demographers predicted that today's NIC's (newly industrialised countries) would undergo a similar transition. Indeed, in the period following World War II, mortality decline accelerated in these countries. As the demographic transition model would predict, that led to a surge in population growth (See F.2) Also as expected, the death rate decline was later followed by a compensatory drop in birth rates. However instead of taking two centuries for the process to complete itself as it did in the developed countries, it will happen in less than one century.There are many weaknesses of the DTM being used as a tool for predictions in demographic change. The model assumes that in time all countries pass through the same four/ five stages. It now seems unlikely, however, that many LEDCs, especially in Africa, will ever become industrialised.The model assumes that the fall in the death rate in Stage 2 was the consequence of industrialisation. Initially, the death rate in many British cities rose, due to the insanitary conditions which resulted from rapid urban growth, and it only began to fall after advances were made in medicine. The delayed fall in the death rate in many developing countries has been due mainly to their inability to afford medical facilities. In many countries, the fall in the birth rate in Stage 3 has been less rapid than the model suggests due to religious and/or political opposition to birth control, this is evident in countries like Brazil, whereas the fall was much more rapid, and came earlier, in China following the government-introduced 'one child' policy (F3).The timescale of the model, especially in several South-east Asian countries such as Hong Kong and Malaysia, is being squashed as they develop at a much faster rate than did the early industrialised countries, therefore making the time scale, and consequently the utility of the DTM obsolete.Figure 3Countries that grew as a consequence of emigration from Europe (USA, Canada, and Australia) did not pass through the early stages of the model which would also add to the idea that the DTM cannot be used as a general tool for all countries.Still another factor can skew the numbers in a demographic transition or render it meaningless, which is lethal disease. In some countries today, AIDS rages out of control, with more than 40 million people afflicted globally. In 2001 alone, an additional five million people were diagnosed with AIDS. In future other factors may enter the picture such as groundwater depletion and global water shortage. In Bangladesh today, due to arsenic poisoning of the ground water in thousands of rural tube wells, millions of villagers are falling sick and dying as this silent killer reaches epidemic proportions.In conclusion, the only way demographers could use the DTM would be in population projections or as a descriptive model. Population projections represent simply the playing out into the future of a set of assumptions about future fertility, mortality, and migration rates. It cannot be stated too strongly that such projections are not predictions, though they are misinterpreted as such frequently. A projection is a "what-if" exercise based on explicit assumptions that may or may not themselves be correct. If the assumptions represent believable future trends, then the projection's outputs may be plausible and useful. If the assumptions are unbelievable, then so is the projection.As the course of demographic trends is hard to anticipate very far into the future, demographers should calculate a set of alternative projections that, taken together, are expected to define a range of plausible futures, rather than to predict or forecast any single future from the model. Because demographic trends sometimes change in unexpected ways, it is important that all demographic projections be updated on a regular basis to incorporate new trends and newly developed data, and therefore should not rely on one model.

Related questions

How are developing countries primarily different from industrial nations?

Developing countries are primarily different from industrial nations in that the living standards are not the same


How are developing nations primarily different from industrial nations?

Developing countries are primarily different from industrial nations in that the living standards are not the same


How has the US trade of 2002 affected developing economies?

The U.S. trade of 2002 affected developing countries by providing better opportunities and higher living standards in those countries.


Which countries use ANSI Standards?

ANSI stands for 'American National Standards' and accredits standards' developing organisations (SDOs) throughout the United States. Other countries have their own equivalent organsations, but co-operate internationally where common standards are in those countries' interests.


What are the differences between Indian Accounting Standards and International Accounting Standards?

Indian accounting standards are developed by Indian board and only applicable in India while international accounting standards are developed by International Accounting standard board and applicable to all countries.


Why do people go from developing country to developed country?

The main purpose of this type of migrations are to make more money and to improve their living standards.


What are the most common fairtrade product?

The movement advocates the payment of a higher price to producers as well as social and environmental standards. It focuses in particular on exports from developing countries to developed countries, most notably handicrafts, coffee, cocoa, sugar, tea, bananas, honey, cotton, wine, fresh fruit, chocolate and flowers.


What involves comparing the self with internal standards?

Self regulation


The process of comparing outputs to previously established standards?

controlling


What factors are used to determine the level of development in a country?

Wikipedia: A developing country is a country that has low standards of democratic governments, civil service, industrialization, social programs, and/or human rights guarantees that are yet to "develop" to those met in the developed world.For the rest of the article that explains all you need to know about developing contries go to the related links box below where I posted the article.


What are the effects of international accounting standards on accounting practices of developing nations?

Adoption of international accounting standards is extremely costly. Developing counties usually use accounting standards that are most beneficial to them (based on who they trade with to ease accounting for transactions) or just another country's GAAP that works for the developing country. Ex. Mexico very closely resembles U.S. GAAP because of NAFTA and the quality of U.S. GAAP. Should IFRS be implemented in developed counties, developing counties might be forced to adopt them as well in order to maintain trade relations. This could be extremely costly for smaller developing counties.


How do you use british European and international standards in determining if components and products are fit for purpose?

By comparing the components to the specified standards.