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- DictionaryDe·vel·op·ing coun·try/dəˈveləpiNG ˌkəntrē/
noun
- 1. a poor agricultural country that is seeking to become more advanced economically and socially.
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What does developing country mean?
Are all countries considered developing countries?
What makes a developing country different from a developed country?
What are the characteristics of a developing country?
Apr 16, 2024 · developing country, a country which, relative to other countries, has a lower average standard of living. There is no consensus on what defines a country as “developing” versus “developed,” but a variety of metrics have been applied to sort countries into these categories.
A developing country is a sovereign state with a less developed industrial base and a lower Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category.
DEVELOPING COUNTRY definition: a country with little industrial and economic activity and where people generally have low incomes: . Learn more.
- GNI Per Capita
- Industry and Urbanization
- Life Expectancy
- Education
As previously mentioned, there are several ways to differentiate a developing country from a developed country. One of those ways is based purely on economic output. The World Bank in particular determines a country’s development status based on GNI (gross national income) per capita. It should be noted, however, that the World Bank does not classi...
There are other economic factors that can be used to distinguish between a developing country and a developed country. For instance, developing countries tend to have more people in their labor forces working in primary industries like agriculture and mining. In Nigeria, for example, about 35% of the country’s workforce is involved in agriculture. ...
Economic factors alone, however, cannot define a country as either developed or developing. Thus, in order to define what a developing country is, as opposed to a developed country, it is vital to use other measurements of a more social nature. As demonstrated previously, life expectancy can be used as a measure of development. One characteristic t...
Developing countries also tend to have lower levels of education when compared to developed countries. For example, whereas Americans have an average of 12 years of schooling, people in the West African countries of Mali and Guinea-Bissau have less than one year of schooling on average. In China, which has the world’s second-largest economy but is ...
DEVELOPING COUNTRY meaning: a country with little industrial and economic activity and where people generally have low incomes: . Learn more.
May 5, 2022 · Definition and Examples of Developing Countries . A developing country is one with comparatively low economic output. There has been a lot of debate as to where to draw the line between a developed country and a developing one, which can be seen by the lack of one single meaning for the term.
A Developing Country is a nation that fares poorly on the HDI and has low levels of industrialization. HDI stands for Human Development Index. A developing country is less developed than a developed country. We also refer to developed countries as advanced economies.
