What is the difference between developed developing and underdeveloped countries?
Keeping this in consideration, what is difference between developed and developing countries?
The countries which are facing the beginning of industrialization are called Developing Countries. Developed Countries have a high per capita income and GDP as compared to Developing Countries. In developed countries, the birth rate and death rate are low, whereas in developing countries both the rates are high.
Secondly, what is the difference between developed and undeveloped economy? While undeveloped countries export their primary agricultural goods and other raw materials for a high weight to price ratio with earning a very little money for it, the developed countries export high technology goods, such as planes, or others advanced electronic goods for a low weight to price ratio with earning a
Also Know, what is developed and underdeveloped countries?
A developing country (or a low and middle income country (LMIC), less developed country, less economically developed country (LEDC), or underdeveloped country) is a country with a less developed industrial base and a low Human Development Index (HDI) relative to other countries.
What is the difference in the population pyramid between a developed and underdeveloped country?
Population profiles in developed countries tend to look more like population columns than pyramids, whereas the profiles of developing countries tend to look more like pyramids. In developing countries, having larger families may be more of a guarantee of support or care in later life.