Developing Countries vs Developed Countries

What Do You Think? What do you think the difference is between a developing country and a developed country?

Little industry, low standard of living, and low income Developing Country Developing Country: Usually refers to countries with low levels of ECONOMIC DEVELOPMENT Developing countries do not have a level of industry that will support their populations and have a low standard of living. They almost always have low incomes yet high populations Little industry, low standard of living, and low income -BUT- High population

Developing Country Developed Country: Usually refers to countries with high levels of ECONOMIC DEVELOPMENT Developed countries are usually advanced in terms of infrastructure, industrialization, income per capita and standards of living. High levels of industry, High standard of living, and Higher income levels

Developing v. Developed ECONOMIES Little industry Low standard of living Low income HIGH population High levels of industry High standard of living Higher income levels Stagnant population

Determining Development To determine a country’s development, these statistics are usually considered by the United Nations GDP (Gross Domestic Product) Life Expectancy Literacy Rate Education Healthcare System United Nations (UN) is an international organization whose stated aims are to facilitate cooperation in international law, international security, economic development, social progress and human rights issues. (Wikipedia)

GDP GDP Is the market value of all final goods and services produced within a country in a given period of time Consumption + investment + government spending + (exports-imports) Per Capita Per capita is a Latin phrase meaning for each head. It is usually used in the field of statistics to indicate the average per person for any given concern, e.g. income, crime rate. (Wikipedia)

(Infant mortality rate) Life Expectancy Is the average age a person usually lives. (Infant mortality rate)

Literacy Rate The ability to read, write, listen, and speak a language at a level adequate for communication.

Education The availability of education for everyone and higher education

Healthcare System The Prevention, treatment, and management of illnesses

Subsistence Farming An area that produces only enough food to feed the family and or the people working it. It is a very hard way of living.

Commercial Farming An area that produces enough food to help feed the masses. Farming for profit.

Rural Sometimes referred to as “the country” which are less populated areas that are found outside of a city and keep away from the influence of large cities. Also called the wilderness, outback, farms, isolated areas etc.

Urban Living in a larger populated area with industry