Characteristics of Developing Countries Vs Developed Countries Reading
Evolution is the procedure of growth, or changing from 1 condition to another. In economics, development is modify from a traditional economy to one based on technology.
A traditional economy usually centers on private survival. Families and small communities often make their ain food, clothing, housing, and household appurtenances. The economies of developing countries, which have largely traditional economies, often rely on agriculture. Developing countries also rely on raw materials, which can be traded to developed countries for finished appurtenances. These raw materials include oil, coal, and timber.
Developed countries, which have modernistic economies, are more diverse. Their economies rely on many unlike people and organizations performing specialized tasks. Agriculture and raw materials stand for but function of the economic system of a developed country. Other sectors include manufacturing, banking and finance, and services such as hairdressing or plumbing. This vast economy results in a dandy variety of goods and services.
There is no single exam to determine what is a developing country. I mode to rate a state'due south level of development is past the total value of goods and services the country produces, divided by the number of people in the country. This is chosen the gross national income (GNI) per capita.
Adult nations have much higher GNI per capita. For case, Grand duchy of luxembourg has a GNI per capita of $69,390. The United States has a GNI per capita of about $48,000. Singapore has a GNI per capita of $34,760.
Signs of a high level of development include industrialization and the everyday use of advanced technology.
Levels of instruction are also related to development. Developed countries usually have higher literacy rates, significant most of their population can read and write.
Measuring Development
Developed countries have a high life expectancy, or the average number of years a person can expect to alive. Nihon, a highly developed nation, has the highest life expectancy of any country, at 82.7 years.
The age structure in adult countries usually has its largest population group between 15 and 64 years old. Countries whose age structure is very young (a big population under 15 years former) may accept to spend more on education. People under the age of 14 typically cannot maintain steady, full-fourth dimension piece of work to support the economy. One-half of the population (50 percent) of the developing state of Uganda is under the historic period of fourteen, with only 48 percent betwixt the working ages of fifteen and 64.
The unemployment charge per unit can also exist an indicator of the level of economic development. In developed countries, most adults commonly work. The unemployment charge per unit, or able adults who cannot find work, is often beneath ten percent. In developing countries, such as Zimbabwe, the unemployment rate can be as high equally 95 percent.
Developed countries usually take a big middle class. Middle-class incomes fall between poverty and great wealth. Some developing countries have large populations living in poverty. In Republic of haiti, 59 percent of the people live in poverty.
As countries begin to develop, their agricultural output commonly increases. Improved technology allows fewer farmers to harvest more than food. This raises the income of people in rural areas, equally well as allowing more people to work in jobs exterior agriculture.
Some other sign of development is a growth in exports, or products grown or made in one land that are sent to another country for sale or apply. A country can export raw materials, such as oil or corn. A state can too consign finished goods, such as reckoner software.
The amount of electricity used by a country can besides indicate its level of evolution. Electricity is used in homes, schools, and businesses. Factories use huge amounts of electricity. Electrification, especially in rural areas, is an important procedure for a developing economic system.
Electrification is often expensive. The loftier toll of oil, natural gas, and coal may slow the electrification process. Constructing facilities that run on hydroelectricity or nuclear energy often requires engineering science and coin that developing countries practise not have. Some developing countries, such every bit Bangladesh, are trying to apply renewable energy, such as solar or wind, to bring electricity to their rural population.
Countries that are switching from agricultural to industrial economies, and are experiencing rapid economic growth are sometimes called newly industrialized countries. They usually accept lower poverty rates than less developed nations, but they have not notwithstanding reached the income and educational activity levels of developed countries. Newly industrialized countries include Bharat, Brazil, and Thailand.
Some developing countries harvest renewable energy (such every bit air current) to bring electricity to rural populations.
Photograph Braden Gunem, MyShot
The Good Life
The Un rates the development of nations using the Homo Development Index (HDI). In addition to GNI per capita, the HDI takes into account literacy rates, schoolhouse enrollment, and life expectancy. According to the HDI, in 2010 Norway was the most developed nation in the world. The United states of america was quaternary.
Some other BRIC in the Wall
The economies of Brazil, Russia, Bharat, and Mainland china are sometimes grouped together equally "BRIC." These countries are not part of a political or trade alliance. However, they are all large countries with large economies that are growing very quickly. Some economists believe that past 2050, the economies of BRIC countries will exist larger than the United states or the Eu. Due south Korea and Mexico are sometimes compared to BRIC countries.
age structure
Noun
design of age distribution amid a population.
agronomical output
Noun
full amount of goods produced in the agricultural industry.
Noun
the fine art and science of cultivating land for growing crops (farming) or raising livestock (ranching).
alliance
Noun
people or groups united for a specific purpose.
bank
Substantive
arrangement that loans, protects, and exchanges money to and from individuals and organizations.
BRIC
Noun
term for the rapidly developing economies of Brazil, Russia, Bharat and Cathay.
Noun
dark, solid fossil fuel mined from the world.
communication
Noun
sharing of information and ideas.
developed country
Substantive
a nation that has high levels of economic activeness, health care, and education.
developing world
Substantive
nations with low per-capita income, little infrastructure, and a small eye class.
Noun
growth, or irresolute from ane condition to another.
various
Adjective
varied or having many dissimilar types.
economics
Noun
report of monetary systems, or the creation, ownership, and selling of appurtenances and services.
economy
Noun
system of production, distribution, and consumption of goods and services.
electricity
Noun
prepare of concrete phenomena associated with the presence and period of electric accuse.
expensive
Adjective
very costly.
consign
Noun
good or service traded to some other expanse.
farmer
Noun
person who cultivates land and raises crops.
finished practiced
Substantive
particular assembled and ready for sale.
gross national income (GNI)
Substantive
full value of appurtenances and services a country produces, divided by the number of people in the state.
harvest
Substantive
the gathering and collection of crops, including both plants and animals.
health care
Substantive
system for addressing the physical health of a population.
household appurtenances
Substantive
person or family's property, not including real estate or vehicles; including appliances, wear, and piece of furniture.
Homo Development Index (HDI)
Noun
guide developed past the United nations, measuring a country's achievement in iii areas: life expectancy, adult literacy and school enrollment, and standard of living measured by the country's Gross Domestic Product per capita. HDI uses a calibration of 0-i.
hydroelectricity
Noun
ability generated by moving water converted to electricity. Also called hydroelectric energy or hydroelectric power.
income
Substantive
wages, salary, or corporeality of coin earned.
increase
Verb
to add or go larger.
industrialization
Noun
growth of machine production and factories.
life expectancy
Noun
average number of years a person lives.
literacy
Noun
ability to read and write.
maintain
Verb
to continue, go along up, or support.
manufacturing
Substantive
production of appurtenances or products in a manufactory.
middle form
Noun
people and civilization characterized by incomes betwixt the working class and the wealthy.
Noun
type of fossil fuel made up generally of the gas methane.
newly industrialized country
Noun
nation switching from an agricultural to an industrial economy and is experiencing rapid economic growth.
Noun
free energy released by reactions amongst the nuclei of atoms.
oil
Noun
fossil fuel formed from the remains of marine plants and animals. As well known as petroleum or crude oil.
per capita
Describing word
for each private.
poverty
Noun
condition of having very lilliputian money or material goods.
procedure
Noun
natural or human actions that create and change the Earths features.
rapid
Adjective
very fast.
raw material
Noun
matter that needs to be processed into a product to employ or sell.
renewable energy
Substantive
energy obtained from sources that are virtually inexhaustible and replenish naturally over small time scales relative to the human life span.
Noun
regions with low population density and large amounts of undeveloped country. Also called "the country."
sector
Substantive
section or a part of something.
software
Noun
electronic programs of code that tell computers what to do.
sophisticated
Adjective
knowledgeable or circuitous.
specialize
Verb
to study, work, or take an involvement in i area of a larger field of ideas.
technology
Noun
the scientific discipline of using tools and complex machines to make human life easier or more assisting.
timber
Noun
forest in an unfinished form, either trees or logs.
traditional economy
Noun
production and exchange of goods and services that relies on local civilisation, local resource, and inheritance.
transportation
Noun
movement of people or appurtenances from one identify to another.
unemployment
Noun
country of not having a job.
United Nations
Noun
international organization that works for peace, security and cooperation.
vast
Adjective
huge and spread out.
wealth
Noun
corporeality of coin or other valuable materials.
Source: https://www.nationalgeographic.org/encyclopedia/development/
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