EVERYDAY SCIENCE

Detailed explanation-1: -The countries which are facing the beginning of industrialization are called Developing Countries. Developed Countries have a high per capita income and GDP as compared to Developing Countries. In Developed Countries the literacy rate is high, but in Developing Countries illiteracy rate is high.

Detailed explanation-2: -One such criterion is the income per capita; countries with the high gross domestic product (GDP) per capita would thus be described as developed countries. Another economic criterion is industrialisation; countries in which the tertiary and quaternary sectors of industry dominate would thus be described as developed.

Detailed explanation-3: -What is the difference between developed and developing countries? Economists use the GDP per capita as the development measure. The countries which are independent and have high income per capita are named developed countries whereas developing countries have a lower income per capita.

Detailed explanation-4: -Underdeveloped countries are those with low levels of industrialization, low standards of living and poor economies. They may also be referred to as developing nations or less developed countries (LDCs). Developed countries are those that have a higher GDP and higher life expectancy.