Sunday, May 29, 2011

Developed and Developing Countries

Developed and Developing Countries
 A developing country is one in which the average standard of living is very low.
 Developing countries are the large group of poor and non industrialized countries. Eg: China, Pakistan, India etc
 Countries which have high standard of living are described as developed countries.
 Developed countries are the small group of rich and industrialized countries.
Eg: UK, USA, Japan etc
Features of Developed and Developing Countries
Developing countries

 High dependence on primary sector:
It depends more on primary sector and less on secondary and tertiary sector.
 Low GDP per head:
As output value of primary sector is much lower than the output value of the secondary and tertiary sector.
 Low capital:
Developing countries do not have capital assets such as large factories, developed transport and communication, modern technology etc.
 High population growth rate:
A high birth rate and low death rate leads to high rate of population growth.
 High infant mortality rate:
Lack of nutritious and poor medical facilities result in high infant mortality rate.
 Low life expectancy:
The average year of life is low in most of developing countries.
 Low literacy rate:
The percentage of people who can read and write will be lower.
 Low labour productivity:
Labour force in developing countries is less educated, less trained, so their productivity will be less.
Developed countries
 Less dependence on primary sector:
It depends more on secondary and tertiary sector and less on primary sector.
 High GDP per head:
As output value of secondary and tertiary sector are much higher than the output value of a primary sector.
 High capital:
Developed countries have developed capital structure such as education, health, transport, communication etc.
 Low population growth rate:
The growth of population is very low because of low death rate and birth rate.
 Low infant mortality rate:
Availability of nutritious food better health facilities etc would reduce infant mortality rate.
 High life expectancy:
Advanced facilities and higher standard of living are the reasons for it.
 High literacy rate:
In developed countries more than 90% of the population can read and write.
 High labour productivity:
Labour force in developed countries are highly trained and educated, so their productivity will be high.

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