Differences Between Developed Countries And Developing Countries

2298 Words Aug 15th, 2015 10 Pages
Developing country selected: Ethiopia
1. Describe the differences between developed countries and developing countries (100 words)
Developed nations are which can are countries that are more industrialized and have higher per capita income levels. A developed nation has a per capita income around or above $12,000. Most developed countries have an average per capita income of approximately $38,000. Some developed nations include the United States, Canada, Japan, Republic of Korea, Australia, New Zealand and countries of Western Europe.
Developing nations is a broad term that includes countries that are less industrialized and have lower per capita income levels. Moderately developed countries have an approximate per capita income of between $1,000 and $12,000. The average per capita income for moderately developed countries is around $4,000. Some of the most recognizable countries that are considered moderately developed include Mexico, China, Indonesia, Jordan, Thailand, Fiji, and Ecuador. Undeveloped countries have the lowest income, with a general per capita income of approximately less than $1,000. In many of these countries the average per capita income is around $500. The countries listed as less developed are found in eastern, western, and central Africa, India, and other countries in southern Asia.

2. Create a profile on the developing country you have chosen using development and inequality indicators (300 words)
Indicators Ethiopia…
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