Differentiate between developed and underdeveloped countries (The answer needs the criterias on which we can differentiate Only experts - Social Science - Development

Question

Differentiate between developed and underdeveloped countries (The
answer needs the criterias on which we can differentiate Only
experts should answer) Minimum:7-9 points

Charu Kalra · Accepted Answer

Dear Student,

Criteria of Differentiating
Developed Countries
Under Developed Countries

Meaning
Developed countries are those countries
which are characterised by high economic growth rate and per capita
income
Under developed come under the category
of poor and low economic growth rate with low per capita
income

Infrastructure
The country has advanced and high level
of physical infrastructure, it has big dams, roads , bridges which
are symbolic of its growth
The country has less and poor
infrastructure

Human resource
A developed country has highly skilled,
educated and trained human resource capital
Majority of the population is illiterate,
human population in such countries lack basic skills, training and
are more of a liability

Poverty rate
A country is characterised by less
poverty rate
Characterised by high poverty rate

Industrialisation
Developed country is characterised by
high degree of industrialisation
It has less industrialisation, most of
its regions are backward

World bank criteria
High income with that of $12,476 or
above Example , USA
Low income countries with GNI of $1,025
or less ( 2016 data)
Example, Senegal

Regards

Criteria of Differentiating	Developed Countries	Under Developed Countries
Meaning	Developed countries are those countries which are characterised by high economic growth rate and per capita income	Under developed come under the category of poor and low economic growth rate with low per capita income
Infrastructure	The country has advanced and high level of physical infrastructure, it has big dams, roads , bridges which are symbolic of its growth	The country has less and poor infrastructure .
Human resource	A developed country has highly skilled, educated and trained human resource capital	Majority of the population is illiterate, human population in such countries lack basic skills, training and are more of a liability
Poverty rate	A country is characterised by less poverty rate	Characterised by high poverty rate
Industrialisation	Developed country is characterised by high degree of industrialisation	It has less industrialisation, most of its regions are backward.
World bank criteria	High income with that of $12,476 or above. Example , USA	Low income countries with GNI of $1,025 or less ( 2016 data) Example, Senegal

Differentiate between developed and underdeveloped countries. (The answer needs the criterias on which we can differentiate. Only experts should answer) Minimum:7-9 points.