CURRENT AFFAIRS

Detailed explanation-1: -On July 14, 2022, the United Nations Development Programme (UNDP) published its “Cost-of-Living Crisis in Developing Countries” report.

Detailed explanation-2: -People in developing countries usually have a lower life expectancy than people in developed countries, reflecting both lower income levels and poorer public health. The burden of infectious diseases, maternal mortality, child mortality and infant mortality are typically substantially higher in those countries.

Detailed explanation-3: -In developed countries, the standard of living of people is high, which is moderate in developing countries. Resources are effectively and efficiently utilized in developed countries.

Detailed explanation-4: -Developing countries are countries that have a low standard living; these countries usually have a low gross national income per capita even though they are in an economical development. They also have a high gross domestic product per capita. Another economic measure is also industrialization.

Detailed explanation-5: -Characteristics of underdeveloped countries Underdeveloped countries have very low per capita income, with many residents living in very poor conditions with little access to education or health care.