1. What’s the Difference?

2. Developed Countries Have the highest standard of living in the world. Economies are based largely on the service sector. Ex. Healthcare/ Education Include 20% of the worlds population but use the majority of worlds resources & produce most of its pollution

4. Developing Countries

5. Developing Countries (Continued)

6. Newly Industrialized Countries Countries moving between developing & developed Economies once based on agriculture are becoming manufacturing based As industrial base grows and becomes more diversified the service industry will increase in size & improve the standard of living

7. Limitations: