Difference Between Developing Country And Developing Countries

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Developed and Developing Countries

Countries are divided into two major categories by the United Nations, which are developed countries and developing countries. The classification of countries is based on the economic status such as GDP, GNP, per capita income, industrialization, the standard of living, etc. DEVELOPED COUNTRIES refers to the sovereign state, whose economy has highly progressed and possesses great technological infrastructure, as compared to other nations.
After a thorough research on the two, the difference between developed countries and developing countries considering various parameters, in tabular form.

Developed Countries Vs Developing Countries
1. Comparison Chart
2. Definition
3. Key Differences
4. Conclusion

Comparison Chart
Basis for Comparison Developed Countries Developing Countries
Meaning A country having an effective rate of industrialization and individual income is known as Developed Country. Developing Country is a country which has a slow rate of industrialization and low per …show more content…

Key Differences between Developed and Developing Countries
The following are the major differences between developed countries and developing countries
1. The countries which are independent and prosperous are known as Developed Countries. The countries which are facing the beginning of industrialization are called Developing Countries.
2. Developed Countries have a high per capita income and GDP as compared to Developing Countries.
3. In Developed Countries the literacy rate is high, but in Developing Countries illiteracy rate is high.
4. Developed Countries have good infrastructure and a better environment in terms of health and safety, which are absent in Developing Countries.
5. Developed Countries generate revenue from the industrial sector. Conversely, Developing Countries generate revenue from the service

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